SOLUTION: mr paxton invested 2000 more than his wife. the income from both investments at 6% ws 250 a year. how much did he invest

SOLUTION: mr paxton invested 2000 more than his wife. the income from both investments at 6% ws 250 a year. how much did he invest

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Question 808893: mr paxton invested 2000 more than his wife. the income from both investments at 6% ws 250 a year. how much did he invest
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
250=(2x+2000)(0.06)
250/0.06=2x+2000
4166.67=2x+2000
4166.67-2000=2x
2166.67=2x
2166.67/2=x
x=1083.33
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