SOLUTION: how would you write an equation for this problem and solve it?
9.) two investments were made totaling $8800. for a certain year these investments yielded $1326 in simple interes
Algebra.Com
Question 645725: how would you write an equation for this problem and solve it?
9.) two investments were made totaling $8800. for a certain year these investments yielded $1326 in simple interest. part of the $8800 was invested at 14% and part at 16%. find the amount invested at each rate.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Let 
be the amount invested at 16%. Then the amount invested at 14% has to be 
. The amount received on the 16% investment is 
and the amount received on the 14% investment is )
. Just add the two amount quantities, set the sum equal to the total amount of interest received. Solve for .
John
My calculator said it, I believe it, that settles it
RELATED QUESTIONS
two investments were made totaling 8800 dollars. for a certain year these investments... (answered by Maths68)
Two investments are made totaling $8800. For a certain year, these investments yield... (answered by mananth)
two investments were made totaling $15,000. For a certain year these investments yielded (answered by ptaylor)
Two investments were made totaling $3,000. For a certain year, these investments yielded... (answered by rfer)
My hw is on using system a system of 2 equations please help I've gotten this far but... (answered by solver91311,richwmiller)
Two investments are made totaling $16,000. For a certain year, these investments yield... (answered by checkley75)
Two investments are made totaling $14,000. For a certain year these investments yield... (answered by hamsanash1981@gmail.com)
two in investments are made totaling 11,000. for a certain year, these investments yeild... (answered by stanbon)
i relllyyyyyyyyyyyyyyyyy reallyyyyyyyyyyyyyyyyyyyyyyyyy neeed to get the answers for... (answered by checkley77)
