Question:

As she plans for retirement, Audrey decides to invest

Last updated: 8/13/2022

As she plans for retirement, Audrey decides to invest

As she plans for retirement, Audrey decides to invest $30,000. A portion of that money is invested at 2.5% and the remainder is invested at 1.5%. Find the amount deposited at each rate if the total amount of simple interest is $597.26. How much money was deposited at 2.5%? Only provide the numerical solution. Round to the nearest cent. No $ symbol is necessary. How much money was deposited at 1.5%? Only provide the numerical solution. Round to the nearest cent. No $ symbol is necessary.