SOLUTION: total investment = $3000 in two investment made 3% on the first investment and 4% on the second total profit = $107 question: what was the amount of each investment? nee

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Question 323743: total investment = $3000 in two investment
made 3% on the first investment and 4% on the second
total profit = $107
question:
what was the amount of each investment?
need illustration please
thank you
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
.04x+.03(3,000-x)=107
.04x+90-.03x=107
.01x=107-90
.01x=17
x=17/.01
x=1,700 amount invested @ 4%.
3,000-1,700=1,300 invested @ 3%.
Proof:
.04*1,700+.03*1,300=107
68+39=107
107=107