An investment banker received a bonus and invested that money in two investments. He put a certain sum of money in the first investment that returned 11% interest after one year. In the second investment he
invested four times that of the first investment and got a 15% interest return after one year. If the total
interest from his investments after one year was $9,230.00, find the amount invested at each interest rate.
at 11% interest (if needed, round to the nearest cent
The investment banker invested $
- NO COMMAS).
The investment banker invested $
at 15% interest (if needed, round to the nearest cent