Awoman invests $39,000, part at 8% and the rest at 9 1 2 % annual interest. if the 9 1 2 % investment provides $467.50 more income than the 8% investment, how much is invested at each rate?

Step-by-step explanation:

Amount invested 39000 dollars

Let x be invested at 8% and y at 9.5%

Then interest on X = 0.08x and interest of Y =0.095 Y

The equations that connect x and y are

Multiply second equation by 100 and I equation by 8

18500 at 8% and 20500 at 9.5%

whats the question?

step-by-step explanation:

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