# SOLUTION: a total of \$4,500 is invested in two funds that pay 4% and 5% simple intrest. the annunal intrest is \$210.00. how much is invested in the fund paying 4% interest?

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 Question 224660: a total of \$4,500 is invested in two funds that pay 4% and 5% simple intrest. the annunal intrest is \$210.00. how much is invested in the fund paying 4% interest?Answer by checkley77(12569)   (Show Source): You can put this solution on YOUR website!.05x+.04(4,500-x)=210 .05x+180-.04x=210 .01x=210-180 .01x=30 x=30/.01 x=3,000 amount invested @ 5%. 4,500-3,000=1,500 amount invested @ 4%. Proof: .05*3,000+.04*1,500=210 150+60=210 210=210