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Mathematics 16 Online
OpenStudy (anonymous):

if $3200 is invested at 3% annual simple interest, how much should be invested at 7% annual simple interest so that the total yearly income from both investments is $726?

OpenStudy (amistre64):

3200(.03) + A(.07) = 726 ; solve for A

OpenStudy (anonymous):

9000

OpenStudy (amistre64):

maybe, i havent done the math :)

OpenStudy (amistre64):

(726 - 3200(.03))/.07 = 9000 yep

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