Mathematics, 18.05.2021 14:00 wvtoy4767
You win $10 000 in a Best Math Student completion. Being a generous person, you decide to invest the money in two local businesses to help them get off the ground. The businesses are Paul's Paper and Tiffany's Tyres. They offer the following annual interest rates to encourage your investment;
PP - 10% p. a.
TT - 5% p. a.
The investments combined return $620 after one year. How much was invested in each company?
Answers: 3
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You win $10 000 in a Best Math Student completion. Being a generous person, you decide to invest the...
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