amount invested at 3% --- x
amount invested at 4% --- 6000-x
.03x + .04(6000-x) = 214
continue...
Katie invested a total of $6000
,
part at 3
%
simple interest and part at 4
%
simple interest. At the end of 1 year, the investments had earned $214
interest. How much was invested at each rate?
2 answers
Good subject
1 answer