Ask your own question, for FREE!
Mathematics 4 Online
OpenStudy (anonymous):

Need help with making a formula for this problem. A sum of $15,000 is split, and the two parts are invested at 8% and 6%, respectively. If the interest for the 8% exceeds the interest from the 6% investment by $360, how much is invested at each rate?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!