junioratongi134 junioratongi134
  • 23-04-2017
  • Mathematics
contestada

George invested $ 2,000 at two different rates, 5% and 6%. If his total interest income was $106, how much did he invest at each rate

Respuesta :

lisee7 lisee7
  • 23-04-2017
X+y= 2000
.05x+.06y= 105

Multiply top row by -.05
-.05x-.05y= -100
.05x+.06y=105
.01y=5
Divide by .01
Y= 500
2000-500=1500
$1.500 at 5%
$500 ar 6%
Check
1500x.05= $75
55 X.06=$30
Total $105
Answer Link
TheGamingCypress
TheGamingCypress TheGamingCypress
  • 23-04-2017
The answer would be $105 hope this helped
Answer Link

Otras preguntas

PLEASE HELP!!! Write a simplified equation to solve for X. Using the equation, solve for x
it will 3.) Andy's Karpet Kleaning charges a $23 consultation fee, plus $17 per hour to clean carpets. Stanley Steemer charges a $37 consultation fee, plus $13
Jesse measured his height to be 67 inches. His actual height is 68.5 inches. What is the percent error for Jesse's measurem
Please help, I am not very intelligent
What sentence is written in the passive voice? A. Three horses pranced along the fence line. B. In the backseat, the children passed the time by arguing. C. Str
What impact has Queen Lili'uokalani had on Hawaii?
what methods are used to gentetically modify organisms?
please help me is importe please ​
8. An exogenous disease originates outside the body. True or false
16. (it’s a triangle) x x + 4 X-1 x + 2 what is x?