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$5,000 is invested at 3% interest. How much money must be invested at 5% interest so that the total interest from the two investments is $275 after one year?
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how much was made on 3% of $5,000 ?
@willow someone is asking you a question...
150
ok and if you want a total of $275, how much more money do you need?
125...
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ok good, so now we can start the actual problem, which is to solve $125 is 5% of what number?
2500
we translate directly in to math 125 is 125 "is" is equals \(=\) \(5\%=.05\) "of" is times \(\times \) "what number" is any variable. i choose \(x\) and write \[125=.05x\] solve for \(x\)
you got it. the solution was \[125\div .05=2500\]
thank you (:
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actually you did all the work, so thanks to you
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