Asked by Nikki
A woman invested part of $29,000 at 6% interest and the rest at 7%. If her annual interest is $1,895, how much did she invest at 6%?
Answers
Answered by
Reiny
amount at 6% ---- x
amount at 7% --- 29000-x
solve for x
.06x + .07(29000-x) = 1895
amount at 7% --- 29000-x
solve for x
.06x + .07(29000-x) = 1895
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