Question 224152
.03x=.05(6,000-x)+60
.03x=300-.05x+60
.03x+.05x=360
.08x=360
x=360/.08
x=4,500 invested @ 3%.
6,000-4,500=1,500 invested @ 5%.
Proof:
.03*4,500=.05*1,500+60
135=75+60
135=135