document.write( "Question 1093149: A company invests a total of $50,000 of surplus funds at two annual rates of interest: 3% and 7 1/2%. It wishes an annual yield of no less than 6 1/4%. What is the least amount of money that the company must invest at the 7 1/2% rate? \n" ); document.write( "
Algebra.Com's Answer #707989 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! x+y=50000 \n" ); document.write( ".03x+.0750y=.0625*(50000) \n" ); document.write( " |