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PLEASE HELP! $7600 is invested for one year, part at 4% and the remainder at 5%. The income from the two investments is $338. Find the amount invested at 4%.
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PLEASE HELP! $7600 is invested for one year, part at 4% and the remainder at 5%. The income from the two investments is $338. Find the amount invested at 4%.
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Jul 9, 2019
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PLEASE HELP!
$7600 is invested for one year, part at 4% and the remainder at 5%. The income from the two investments is $338. Find the amount invested at 4%.
Mathematics
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Bhavya Parikh
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Answer:
4200
Explanation:
Fotanus
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Jul 11, 2019
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Fotanus
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x is the 4%
y is the 5%
x+y=7600
y=7600-x
0.05y=338-0.04x
5y=33800-4x
y=7600-x
Solve with substitution
5(7600-x)=33800-4x
38000-5x=33800-4x
4200=x
Wulimaster
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Jul 14, 2019
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