SOLUTION: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set

SOLUTION: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set

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Question 200342: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set up and solve mixture equation.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

is the amount he received from his 6% investment.

is the amount he received from his 5.5% investment.

is the amount he received from his 4% investment.

So:

Solve for

John

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