on two investments totaling $11,500, Jessica lost 3% on one and earned 7% on the other. If her net annual receipts were $196, how was each investment? ...use the variables x and y to set up a system of equations

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anonymous · Answer

@Hero ?

anonymous · Answer

@hartnn ?

anonymous · Answer

@jim_thompson5910 ?

anonymous · Answer

@satellite73 I really need help with this..anyone?

anonymous · Answer

we can do this i  am sure

anonymous · Answer

i don't know how to set it up in system of equations

anonymous · Answer

but i can solve it perfectly fine

anonymous · Answer

it says to use two equation (which is not really necessary) but we can do it
if $x$ is the amount of the investment that lost 3% and y is the investment that gained 7% then one equation is 
$$x+y=11,500$$

anonymous · Answer

the other would be 
$$-.03x+.07y=196$$

anonymous · Answer

solve the "system" 
$$x+y=11,500\
-.03x+.07y=196$$ which might be easier if you multiplied the second one by 100 and had 
$$x+y=11500\
-3x+7t=19,600$$

anonymous · Answer

you good from there?

anonymous · Answer

@satellite73 yes thank you so much!!!

anonymous · Answer

yw