Question 1034320
Call the amount invested at 5%, x.
Then the amount invested at 7% would be 34000-x.
The set up then looks like this...
.05x + .07(34000-x) = 2300
Now solve for x...
.05x + 2380 - .07x = 2300
-.02x = - 80
x = $4000 invested at 5% which means
34000-4000 = $30,000 invested at 7%