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Mathematics 16 Online
OpenStudy (anonymous):

jane had $30,000 part of which she invests 9% interest and the rest at 7%. if her income from 7% investment was $820 more than that from 9% investment, how much did she invest at each rate?

OpenStudy (calculusfunctions):

First tell me how much you can do before I start helping you.

OpenStudy (anonymous):

tried solving the question

OpenStudy (calculusfunctions):

OK I'm going to walk through the steps with you. Please do as I say. First write an opening statement.

OpenStudy (calculusfunctions):

Please say something.

OpenStudy (anonymous):

ok

OpenStudy (calculusfunctions):

Let x represent the amount invested at 9% and y represent the amount invested at 7%. Understand? Now tell me what the two equations should be.

OpenStudy (anonymous):

30000-x x

OpenStudy (calculusfunctions):

Oh, have you not learned to work with two variables?

OpenStudy (calculusfunctions):

OK so then x can represent the amount invested at 9% and y can represent the amount invested at 7%. Thus what are the two equations?

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