Asked by Angela

A total of $11,000 was invested. Part of the $11,000 was invested at 4% and the rest invested at 7%. If the investments earn $680 per year, how much was invested at each rate?
Answered by TutorCat
(x)(.04)+(11000-x)(.07)=680

where x=the amount of money invested at 4%
and 11000-x = the rest of the 11000 invested at 7%
Answered by Anonymous
4800
Answered by Anonymous
A total of $11,000 was invested .Part of the $11,000 was invested at 4 percent and the rest was invested 7percent if the investment earn $680 per year how much was invested at each rate?
There are no AI answers yet. The ability to request AI answers is coming soon!