SOLUTION: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set

Algebra ->  Customizable Word Problem Solvers  -> Mixtures -> SOLUTION: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 200342: Tom had $7500 to invest for 1 year. He invested equal parts (let each be x) at 6% and 5.5% with the remainder at 4%. If he earned $370. how much did he invest at each rate? Set up and solve mixture equation.
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!

is the amount he received from his 6% investment.

is the amount he received from his 5.5% investment.

is the amount he received from his 4% investment.

So:



Solve for


John