SOLUTION: Can someone help me here? Lane invested $14,000, part at 15% and part at 2%. If the total interest at the end of the year is $1,060, how much did she invest at 15%? Than

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Can someone help me here? Lane invested $14,000, part at 15% and part at 2%. If the total interest at the end of the year is $1,060, how much did she invest at 15%? Than      Log On


   

Question 59513: Can someone help me here?
Lane invested $14,000, part at 15% and part at 2%. If the total interest at the end of the year is $1,060, how much did she invest at 15%?
Thanks,
Lisa
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
.15x + .02(14000 - x) = 1060
solve for x