SOLUTION: geraldine has twice as much money invested at 5% simple annual interest as she does 4%. if her yearly income from these two investments is 350$, how much does she have nvested?
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Question 275132: geraldine has twice as much money invested at 5% simple annual interest as she does 4%. if her yearly income from these two investments is 350$, how much does she have nvested? Found 2 solutions by richwmiller, josmiceli:Answer by richwmiller(17219) (Show Source):
You can put this solution on YOUR website! Let =amount invested at 5%
Let =amount invested at 4%
given:
(1)
(2)
Substitute (1) in (2)
(2)
and
She has $3750 invested
