SOLUTION: Select the set of equations that represents the following situation: Mike invested $604 for one year. He invested part of it at 6% and the rest at 3%. At the end of the year he ear
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Question 489659: Select the set of equations that represents the following situation: Mike invested $604 for one year. He invested part of it at 6% and the rest at 3%. At the end of the year he earned $29.91 in interest. How much did Mike invest at each rate of interest?
(Points : 3)
0.06x + 0.03y = 604; x + y = 29.91
x + y = 604; 6x + 3y = 29.91
x + y = 604; 0.06x + 0.03y = 29.91
0.06 · 604 + 0.03 · 604 = 29.91 Answer by mananth(16946) (Show Source):
