Asked by Greg
A man has two investments. The first pays him 3% interest per year and the other, 4%. The total income from these two investments is $170. If the interest rates were interchanged, the yearly income would be $180. How much is the investment?
Answers
Answered by
Steve
.03x + .04y = 170
.04x + .03y = 180
now crank it out.
.04x + .03y = 180
now crank it out.
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