iipastelkitteh
Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A 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%.

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.