Angus (was he a bull? J) invested $18,000, part at 3% and part at 5%. If the total interest at the end of the year is $660, how much did he invest at each rate? Let $x represent the first part, that is, the amount invested at 3% Now use the formula for "the rest" æThe rest of ö æ The ö æ the ö ça total amount÷ = çtotal ÷ - çfirst÷ çbesides the ÷ èamountø è partø èfirst part ø So the rest of the $18000 besides the $x is = ($18000 - $x) This amount (the rest besides the $x) was invested at 5%. So we have x dollars invested at 3% and (18000 - x) dollars invested at 5% The interest on the x dollars is .03x dollars. The interest on the (18000 - x) dollars is .05(18000 - x) We read: >>...the total interest at the end of the year is $660...<< |Interest | |Interest| | on | | on | | the | + | the | = $660 |x dollars| |18000-x | |dollars | .03x + .05(18000-x) = 660 Can you solve that? If not post again asking how. You get x = $12000, which is the amount invested at 3%. To get the rest, which was invested at 5%, subtract that $12000 from the total, $18000, and get $6000, the amount invested at 5%. Edwin