Patrick B. answered 11/17/18
Math and computer tutor/teacher
0.04x + 0.06(3x) = 1100
0.04x + 0.18x = 1100
0.22x = 1100
22x = 110000
x = 110000/22 = 5000
$5000 invested at 4%
$15000 invested at 6%
Riaz T.
asked 11/16/18Ms. Chaminiti has some money invested at 4% and three times as much invested at 6%.her total annual income from two investments is 1100. How much is invested at each rate?
Patrick B. answered 11/17/18
Math and computer tutor/teacher
0.04x + 0.06(3x) = 1100
0.04x + 0.18x = 1100
0.22x = 1100
22x = 110000
x = 110000/22 = 5000
$5000 invested at 4%
$15000 invested at 6%
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