SOLUTION: Roberto invested some money at 8%, and then invested $2000 more than twice this amount at 12%. His total annual income from the two investments was $4720. How much was invested at

SOLUTION: Roberto invested some money at 8%, and then invested $2000 more than twice this amount at 12%. His total annual income from the two investments was $4720. How much was invested at

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Question 615831: Roberto invested some money at 8%, and then invested $2000 more than twice this amount at 12%. His total annual income from the two investments was $4720. How much was invested at 12%?
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
(8%)(x) + (12%)(2x + 2000) = 4720
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