document.write( "Question 340035: An executive invests $29,000,some at 8% and some at 7% annual interest. If he receives an annual return of $2200,how much is invested at each rate\r
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document.write( "at 8% interest\r
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document.write( "at 7% interest\r
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Algebra.Com's Answer #243718 by rfer(16322) ![]() You can put this solution on YOUR website! 0.08x+0.07(29000-x)=2200 \n" ); document.write( "0.08x+2030-0.07x=2200 \n" ); document.write( "0.01x=170 \n" ); document.write( "x=$17,000 at 8% \n" ); document.write( "29000-17000=$12,000 at 7% \n" ); document.write( " |