Question

what is the solution in this problem?
The total annual income from capital invested at 5% is $380.40. The capital invested at 5.5% is $1,980 less than the capital invested at 5%. Find the amount of the two investments.

representation:
Let x= capital at 5.5%

x + $1980 = capital at 5% (if reversed: capital at 5% is 1980 more than the capital at 5.5%)

0.055x = income from capital at 5.5%

0.05 (x+1980) = income from capital at 5%

Answer 1

Did they give you the equations, or are they yours?

Answer 2

its already given

Answer 3

the last equation says
0.05 (x+1980) = income from capital at 5%

they tell you in the first sentence
income from capital invested at 5% is $380.40

so you can make that a real equation (with numbers on the right side)
can you do that?

Answer 4

can you please give me the real equation?

Answer 5

the last equation says
0.05 (x+1980) = income from capital at 5%

they tell you in the first sentence
income from capital invested at 5% is $380.40

Answer 6

so 0.05(x+1980)=380.40
yeah igot it thanks..

Answer 7

now you need to solve it. Can you do that?

Answer 8

yeah , thanks..