SOLUTION: You are going to invest $20, 000, part at 12% and part at 16%. What is the most that can be invested at 12% in order to make at least $3, 000 interest per year?

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: You are going to invest $20, 000, part at 12% and part at 16%. What is the most that can be invested at 12% in order to make at least $3, 000 interest per year?      Log On