Asked by kelli
an executive invests $35000, some at 9% and some at 7% annual interest. If he receives an annual return of $2910, how much is invested at each rate
Answers
Answered by
bobpursley
.09*X + .07*(35000-x)=2910
solve for x
X is the amount invested at nine percent, 35000-X is the remaining amount.
solve for x
X is the amount invested at nine percent, 35000-X is the remaining amount.
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