Roseland W.

asked • 12/13/13

An investor has $12,000 to invest. He invests some of the money at an annual interest rate of 6% and the rest at 10%, such that he earns a return of $1040 after

such that he earns a return of $1040 after the first year. construct and solve a system of linear equation to find out how much he invests at each rate. thank you need help with how to setit up ans solve.

1 Expert Answer

By:

Ryan S. answered • 12/13/13

Tutor
4.8 (10)

Mathematics and Statistics

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