SOLUTION: A total of $3000 is invested, part at 2% simple interest and part at 4%. If the total
annual return from the two investments is $100, how much is invested at each
rate?
Using 3
Algebra.Com
Question 799089: A total of $3000 is invested, part at 2% simple interest and part at 4%. If the total
annual return from the two investments is $100, how much is invested at each
rate?
Using 3 linear equations
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Why should you use 3 linear equations? The solution to the problem only requires 2 linear equations.
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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