Chan invested a portion of $10,000 at 5.5% per annum and the remainder at 3.5% per annum.
Question:
Chan invested a portion of $10,000 at 5.5% per annum and the remainder at 3.5% per annum. The total interest on his investment for the first year was $470. How much did he invest at each rate?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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