Amounts Invested

Algebra 2

Amounts Invested

Postby Guest » Thu Sep 08, 2016 10:42 pm

\$20,000 is invested, part at 4% and part at 6%. The total income from the 2 investments is \$1050. Determine amt. at each rate.

My attempt:

Let x = amt. at 4% (4% is .04).

20,000 - x = amt. at 6% (6% is .06).

Unsure how to proceed.
Guest
 

Re: Amounts Invested

Postby Guest » Wed Sep 21, 2016 1:54 pm

Please respond. Thanks.
Guest
 


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