easy4
easy4 easy4
  • 21-07-2017
  • Mathematics
contestada

A man invested a portion of $3,600 at 8% annual interest and the balance at 7%. If he receives $264 interest during the first year how much did he invest at each rate?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 21-07-2017
0.08x+0.07 (3600-x)=264
Solve for x
0.08x+252-0.07x=264
0.08x-0.07x=264-252
0.01x=12
X=12÷0.01
X=1200 invested at 8%

3600-1200=2400 invested at 7%
Answer Link

Otras preguntas

The Third-Fifths compromises resulted in
How did the Doolittle Raid of April and May 1942 boost US confidence during World War II
A flea weighs 8 decigrams, and an ant weighs 3 milligrams. How much more does a flea weigh than an ant?
The most abundant element in tha atmosphere can also be found in
Best answer is the brainlyest !!!!!!!!!!!!!!!!!!!!!! Which is a stressor you can control? A.passing a difficult math test B.the price of gasoline C,the death of
Toward the end of the sermon, what does Edwards say sinners can obtain?
Where did US military officials expect the Japanese to attack during World War II
Whats the relationship between 8.76x10^6 and 8.76x10^2
Are grapes poisonous for dogs?
La cuñada de Pedro está___________a la abuela. visitando visitante visitar visitaste