If a person invested half of her money at 9% and half at 7% and received $160 interest, find the total amount of money invested.
2 answers:
Answer:
$2000
Step-by-step explanation:
let x be the money she invested
lets assume this was for 1 year
0.09(x/2) + 0.07(x/2) = 160
multiply each side by 2 to cancel the denominators:
0.09x + 0.07x = 320
0.16x = 320
x = 2000
Answer: $2000
Let the amount of money she invested be x
Lets assume the time of investment as 1 year
ATQ
0.09(x/2) + 0.07(x/2) = 160
0.09x + 0.07x = 320
0.16x = 320
x = 2000
Must click thanks and mark brainliest
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