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Javier invests money in two accounts. He invests twice as much in an account paying 11% as he does in an account paying 3%. If he earns $104.50 in interest in one year from both accounts combined, how much did he invest altogether?
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|dw:1382305943635:dw|
we have a total interest = a + b
104.5 = (0.11(2x)) + (0.03(x))
104.5=.22x+.03x
.25x=104.5
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yes
x=418
2(418)+418 = total investment
1254
i believe we got it
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but when i see the answers they are 800$, 550$, 1200$, 1350$
or none of the above
hm lets check our math
i think our math is right
i believe so as well so it might just be none of the above
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agreed
well thank you for helping me !
np good luck
Yes it was correct and thanks!
^^)
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