SOLUTION: How can $5400 be invested, part of it at 8% and the remainder at 10%, so that the two investments with produce the same amount of interest? Thanks

SOLUTION: How can $5400 be invested, part of it at 8% and the remainder at 10%, so that the two investments with produce the same amount of interest? Thanks

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Question 75522This question is from textbook Elementary algebra
: How can $5400 be invested, part of it at 8% and the remainder at 10%, so that the two investments with produce the same amount of interest?
Thanks
This question is from textbook Elementary algebra

Answer by checkley75(3666) (Show Source): You can put this solution on YOUR website!
.08X=.10(5400-X)
.08X=540-.10X
.08X+.10X=540
.18X=540
X=540/.18
X=3000 INVESTED @ 8%
5400-3000=2400 INVESTED @ 10%
PROOF
3000*.08=2400*.10
240=240

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