Inactive Tutor answered • 09/29/15
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.09x + .11(4x + 20,000) = 54670
.09x + .44x + 2200 = 54670
.53x +2200 = 54670
.53x = 54670 - 2200
.53x = 52470
x = 103,150.94
Kitesha M.
asked • 09/27/15How much did invest at each amount.
An actor invests some money at 9%, and $20000 more than four times the amount at 11%. The total annual interest earned from the investment is $54670.
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