Mr. marsupial invested $8,000, part at 6% interest and the remainder at 8% interest. at the end of the first year he received $600 in interest. how much money did he invest at 6%?

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asked Feb 8, 2018 30.0k views

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Mr. marsupial invested $8,000, part at 6% interest and the remainder at 8% interest. at the end of the first year he received $600 in interest. how much money did he invest at 6%?

Mathematics
high-school

Kostya Vyrodov asked

by Kostya Vyrodov

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0.06x+0.08(8000-x)=600
Solve for x
X=2000 at 6%
8000-2000=6000 at 8%

Sungwon answered Feb 15, 2018

by Sungwon

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