SOLUTION: Happy Holidays Tutors, HELP HELP I need help understanding how to work algebra word problems. 1) $5400 is invested, part of it at 11% and part of it at 6%. For a certain year

Algebra ->  Equations -> SOLUTION: Happy Holidays Tutors, HELP HELP I need help understanding how to work algebra word problems. 1) $5400 is invested, part of it at 11% and part of it at 6%. For a certain year      Log On


   

Question 1011355: Happy Holidays Tutors,
HELP HELP
I need help understanding how to work algebra word problems.
1) $5400 is invested, part of it at 11% and part of it at 6%. For a certain year, the total yield is $474.00. How much was invested at each rate?
Thanking you in advance Betty
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
You can try this with just one variable.
x at 6% and 5400-x at 11%.

0.06x%2B0.11%285400-x%29=474
Solve for x.