Question

mr.johnson invested $4000, part at 5% and the remainder at 3%. the total annual income from both investment was $152. find the amount invested at each rate.

Answer 1

I_1 + I_2 = $152
1_1 = 5% x
I_2 = (4,000 - x) * 3% * 1
=> 5% x + (4,000 - x) * 3% = $152

Answer 2

Do you follow me?

Answer 3

what is _

Answer 4

Interest 1 and Interest 2

Answer 5

375?

Answer 6

2% x + $120 = $152

Answer 7

Can you find x from here?

Answer 8

1,500

Answer 9

2%x = 152 - 120 = 32
=>x = 32 * 100/ 2 = .....

Answer 10

Since x is amount invest in 5%
Can you find the other 3% amount ?

Answer 11

Have you finished it?
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