In planning her retirement, Callie Daniels deposited money at 2.5% interest with twice as much deposited at 3% . Find the amount invested at each rate if the total annual income is 3600$.
The answer is:
10,000 at 2.5% and 20,000 at 3%
can someone please thoroughly explain how they got there answer. I need help on this.
The answer is:
10,000 at 2.5% and 20,000 at 3%
can someone please thoroughly explain how they got there answer. I need help on this.