iipastelkitteh
Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Need help with number 2 please

Need Help With Number 2 Please class=

Sagot :

sqdancefan

9514 1404 393

Answer:

  • at 5.4% — $10,000
  • at 8% — $5000

Step-by-step explanation:

It is convenient to use a variable for the amount invested at the higher rate. If that variable is x, then the amount invested at the lower rate is (15000-x) and Anna's total annual interest is ...

  0.054(15000 -x) + 0.08x = 940

  0.026x +810 = 940

  0.026x = 130

  x = 130/0.026 = 5000

Anna invests $5,000 at 8% and $10,000 at 5.4%.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.