SOLUTION: The sum of $4000 is invested, part at 4% and the rest at 6%. The annual income from the 6% investment is $10 less than the annual income from the 4% investment. Find the amount inv

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Question 1094737: The sum of $4000 is invested, part at 4% and the rest at 6%. The annual income from the 6% investment is $10 less than the annual income from the 4% investment. Find the amount invested at each rate.

I tried solving this using a table of sorts, so if you could include such a method, it would be very appreciated. Thanks!

Answer by greenestamps(13203) About Me  (Show Source):
You can put this solution on YOUR website!


matrix%283%2C3%2Camount%2Crate%2Cincome%2Cx%2C.06%2C.06x%2C4000-x%2C.04%2C.04%284000-x%29%29

You are told the income from the 6% investment is 10 less than the income from the 4% investment, so...
.06x+=+.04%284000-x%29-10

Solve the equation....