Math Problem Statement
two-fifths of the capital was invested for 8 months with an interest rate of 4.5% and 200 euros were earned on that part of the capital in the name of interest. the rest of the capital was invested for 9 months with 3.6% interest. determine the amount of capital invested and the total interest earned.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Simple Interest
Proportion
Linear Equations
Formulas
Simple Interest Formula: I = (P × R × T) / 100
Proportion to calculate parts of the capital
Theorems
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Suitable Grade Level
Grades 9-10
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