SOLUTION: I do not understand how to solve this word problem. "Joe plans to invest some money at 5% interest and $2000 more than that amount at 6%. His annual interest from the two investmen
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Question 778177: I do not understand how to solve this word problem. "Joe plans to invest some money at 5% interest and $2000 more than that amount at 6%. His annual interest from the two investments totaled was $670. How much did she invest at each rate?" I typed that word for word... Yes, later on in the equation Joe becomes a female. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = amount invested @ 5% = amount invested @ 6%
His annual interest is:
$5,000 was invested @ 5%
$7,000 invested @ 6%
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check:
OK
Still not enough for a sex change
