document.write( "Question 800172: $4,000 is invested at 3% interest. How much money must be invested at 5% interest so that the total interest from the two investments is $195 after a year? \r
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Algebra.Com's Answer #482965 by Cromlix(4381)![]() ![]() You can put this solution on YOUR website! $4000 invested at 3% gives interest of $120 \n" ); document.write( "$195 - $120 = $75 \n" ); document.write( "x * 5/100 = 75 \n" ); document.write( "x = (75*100)/5 = $1500 \n" ); document.write( "$1500 would have to be invested at 5% \n" ); document.write( "to generate a total of $195 from both \n" ); document.write( "investments. \n" ); document.write( "Hope this helps. \n" ); document.write( ":-) \n" ); document.write( " \n" ); document.write( " |