PHDFlopper
PHDFlopper PHDFlopper
  • 24-04-2017
  • Mathematics
contestada

Bertha has $2400 more invested at 4% than she has at 5%. If her annual income from these two investments is $294, how much does she have invested at each rate?

Respuesta :

LucyK
LucyK LucyK
  • 29-04-2017
So
x (4%)
y (5%)
x=y+2400
0.04x+0.05y=294

Once you solve them, x=4600 and y=2200
so 4%= $4600
5%= $2200
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