Robin split a total of 24k between 2 investments, x and y. If investments y earns 7 percent simploe annual interest, how much of the total did RObin put into investment Y?
I. Each investment earns the same dollar amount of the interest annually
II. Investment X earns 5 percent simple annual interest.
How can both determine the exxact amount in investment y, if we can't say for sure by what amount interest is based on?
please explain
I. Each investment earns the same dollar amount of the interest annually
II. Investment X earns 5 percent simple annual interest.
How can both determine the exxact amount in investment y, if we can't say for sure by what amount interest is based on?
please explain
