SOLUTION: Bertha has $2400 more invested at 4% than she has at 5%. If her annual income from these two investments is $294, how much does she have invested at each rate?
Algebra.Com
Question 1075534: Bertha has $2400 more invested at 4% than she has at 5%. If her annual income from these two investments is $294, how much does she have invested at each rate?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Bertha has $2400 more invested at 4% than she has at 5%. If her annual income from these two investments is $294, how much does she have invested at each rate?
-------
x at 5%
---
0.05x + 0.04(x+2400) = 294
RELATED QUESTIONS
Karen walsh has twice as much money invested at 5% simple annual interest as she does at... (answered by mananth)
Isabella has twice as much money invested at 4% as she has invested at 3%, and she has... (answered by ikleyn)
geraldine has twice as much money invested at 5% simple annual interest as she does 4%.... (answered by richwmiller,josmiceli)
Karen walsh has twice as much money invested at 5% simple interest as she does at 4%. If (answered by mananth)
Joan Arlington has twice as much money invested at 5% simple annual interest as she does... (answered by richwmiller)
Joan Arlington has twice as much money invested at​ 5% simple annual interest as she... (answered by ikleyn)
MONEY AND INVESTMENT
4) Maria has twice as much money invested at 5% simple annual... (answered by Theo)
im having difficulty with this problem.Please help me.
Mari Lopez has twice as much... (answered by uday1435)
Ashley has twice as much money invested at 5% simple annual interest as she does at 4%.... (answered by mananth)