Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

heather has divided $6300 between two invesments, one paying 9%, the other paying 4%. If the return on her investment is $372, how much does she have in each investment

Sagot :

ranya14591
assuming that the two investments are  X & Y
X + Y = 6300
X = 6300 - Y                                       (1)

9/100X + 4/100 Y = 372                       (2)
replacing X from (1) into (2)
9/100(6300-Y) + 4/100 Y = 372
567 - 9/100Y +4/100Y = 372
(-9+4)/100Y = 372 - 567
5/100Y = -195
Y = 100*195/5 = 3900
From (1) we can get X
X = 6300 - 3900 = 2400

I hope this is helpful 



We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.