Ask Question
31 December, 20:18

The annual interest on a $17,000 investment exceeds the interest earned on a $12,000 investment by $402. The $17,000 is invested at a 0.6% higher rate of interest than the $12,000. What is the interest rate of each investment?

+5
Answers (1)
  1. 31 December, 20:27
    0
    17,000 is the correct answer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The annual interest on a $17,000 investment exceeds the interest earned on a $12,000 investment by $402. The $17,000 is invested at a 0.6% ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers