# SOLUTION: Investments. An executive nearing retirement made Two investments totaling \$45,000. In one year, these Investments yielded \$2430 in simple interest. Part of the money was invest

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Investments. An executive nearing retirement made Two investments totaling \$45,000. In one year, these Investments yielded \$2430 in simple interest. Part of the money was invest      Log On

 Ad: You enter your algebra equation or inequality - Algebrator solves it step-by-step while providing clear explanations. Free on-line demo . Ad: Mathway solves algebra homework problems with step-by-step help! Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

 Linear Solvers Practice Answers archive Word Problems Lessons In depth

 Click here to see ALL problems on Linear Equations And Systems Word Problems Question 384504: Investments. An executive nearing retirement made Two investments totaling \$45,000. In one year, these Investments yielded \$2430 in simple interest. Part of the money was invested at 4% and the rest at 6%. How much was invested at each rate? Answer by rfer(13569)   (Show Source): You can put this solution on YOUR website!0.04x+0.06(45000-x)=2430 0.04x+2700-0.06x=2430 -0.02x=-270 x=13500 at 4% 45000-x=31500 at 6%