<p>The first question below, about the $3,000 and the interest. I cannot find help online, any help you can give me would be appreciated, I a frustrated! I seem to remember somrthjing about ratios but I havent been in school in years. </p>
<p>"Pat invests a total of $3,000, part of the money yields 10%/ year, the rest yields 8%/ year. If the total yearly interest from this is $256, how much of the money was invested at 10%? How much was invested at 8%?"</p>
<p>I figured out that 256/3000= total of 8.5% total return, so I am sure on a multiple choice exam, I could emiminate most of the choices, but that won't cut it. I want to know HOW to answer it and to apply the technique to other problems. I used to know how to do these (I think it was called alligation), but I cannot remember the details of the technique. Please help!</p>