SOLUTION: $5400 is invested, part of it at 11% and part at 6% for a certain year the total yield is $474.00. how much was invested at 11%?
Algebra
->
Percentages: Solvers, Trainers, Word Problems and pie charts
-> SOLUTION: $5400 is invested, part of it at 11% and part at 6% for a certain year the total yield is $474.00. how much was invested at 11%?
Log On
Algebra: Percentage and Pie Charts
Section
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on percentage
Question 808187
:
$5400 is invested, part of it at 11% and part at 6% for a certain year the total yield is $474.00. how much was invested at 11%?
Answer by
richwmiller(17219)
(
Show Source
):
You can
put this solution on YOUR website!
a+b=5400,
.11a+.06b=474
a=3000 at 11%., b=2400.