document.write( "Question 375950: an executive nearing retirement made two investments totaling $45000. in one year these investments yielded $2430 in simple interest. part of the money was invested at 4% and the rest at 6%. how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #267366 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .04x+.06(45000-x)=2430 \n" ); document.write( ".04x+2700-.06x=2430 \n" ); document.write( "-.02x=-270 \n" ); document.write( "x=13500 at 4% \n" ); document.write( "45000-x=31500 at 6% \n" ); document.write( " |