SOLUTION: eva invest a certain amaount of money at 14% intrest and $2000 more than that amount is 15%. her total yearly intrest was $1460. how much did she invest at each rate

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: eva invest a certain amaount of money at 14% intrest and $2000 more than that amount is 15%. her total yearly intrest was $1460. how much did she invest at each rate       Log On


   



Question 309786: eva invest a certain amaount of money at 14% intrest and $2000 more than that amount is 15%. her total yearly intrest was $1460. how much did she invest at each rate
Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
let her invest $x at 14 %
she will invest X+12000 @15%
.
interest at14% + interest@15% = total interest
0.14x + 0.15(x+2000)= 1460
0.14x + 0.15x + 300= 1460
0.29x = 1160
x= 1160/0.29
x= 4000 that is invested at 14 %
$6000 will be invested T 15%