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OpenStudy (anonymous):
A total of $6500 is invested in two funds. One fund pays 4% interest annually and the other fund pays 6% interest annually. The combined annual interest earned is $350. How much of the $6500 is invested in the fund that pays 4% annual interest? please show me step by step.
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OpenStudy (anonymous):
.04x + .06y = 350 x + y = 6500
OpenStudy (anonymous):
solve by substitution or elimination, you are looking for x
OpenStudy (anonymous):
x=$ 2000. Thanks !
OpenStudy (anonymous):
uw
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