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If $5,000 is invested at 6% interest, how much money must be invested at 8% interest so that the total interest from the two investments is $660 after one year? $4,000 $4,500 $5,500 Pleasee help :)
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If $5,000 is invested at 6% interest, how much money must be invested at 8% interest so that the total interest from the two investments is $660 after one year?

$4,000
$4,500
$5,500

Pleasee help :)

User Rikon
by
8.5k points

2 Answers

7 votes
4,500 is the correct answer
User InsaneCat
by
8.6k points
3 votes

Answer:

$4,500

Explanation:

User Kornero
by
9.1k points
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