$5400 is invested, part of it at 11% and part of it at 6%. For a certain year, the total yield is $ 474.00. How much was invested at each rate? @Directrix
Let x be the amount invested at 11% Then, (5400 - x) is invested at 6% @dontre
.11*x + .06 * (5400 - x) = 474.00
59400
.11*x + .06 * (5400 - x) = 474.00 .11*x + 324 -.06*x = 474,00
confused again...I am trying to ge the hang of this
.05*x + 324 = 474 x = 3000 at 11% (5400 - x) is invested at 6% What is (5400 - x) @dontre
0
No way. You are making up numbers.
What is (5400 - 3000) ?
3000 at 11% ? is invested at 6%
3000 at 11% is 330
^^^^ is not the question.
This is the question: How much was invested at each rate?
Answers: 3000 at 11% 2400 at 6%
I just suck...been at this all day
18000....1800
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