A financial planner has a client with $19,000 to invest. If he invests $10,000 in a certificate of deposit paying 11% annual simple interest, at what rate does the remainder of the money need to be invested so that the two investments together yield at least $1640 in yearly interest?

For the two investments to yield at least $1640 in yearly interest the remainder of the money needs to be invested at a rate of at least %.

financialplanner has a client with $19,000 to invest. Theratethat the remainder of the money need to be invested so that the two investments together yield at least $1640 in yearly interest is 16.67%.## How to find the rate?

Rrepresent the rateinvestedat R% ($19,000 -$10,000)rateis 16.67%.interest ratehere:https://brainly.com/question/25793394