Question 1137064
6% investment:
Principal = p
Rate = 0.06
Interest = 0.06p
<pr>
5% investment:
Principal = 25000 - p
Rate = 0.05
Interest = 0.05(25000 - p) = 1250 - 0.05p
<pr>
(0.06p) + (1250 - 0.05p) = 1440
<pr>
0.01p + 1250 = 1440
<pr>
0.01p = 190
<pr>
p = 19000
<pr>
6% investment:
Principal = p = $19,000
<pr>
5% investment:
Principal = 25000 - p = $6000