document.write( "Question 1008253: Liza deposits some money at 2% interest, with twice as much deposited at 4%. Find the amount deposited at each rate ig if the total annual interest income is $1400.
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Algebra.Com's Answer #624533 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! Call the amount invested at 2%, x. \n" ); document.write( "Then 2x is the amount invested at 4%. \n" ); document.write( "The set up looks like this: \n" ); document.write( ".02x + .04(2x) = 1400 \n" ); document.write( ".02x + .08x = 1400 \n" ); document.write( ".1x = 1400 \n" ); document.write( "x = $14000 at 2% \n" ); document.write( "2x = $28000 at 4% \n" ); document.write( " |