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OpenStudy (anonymous):
$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?
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OpenStudy (anonymous):
@kohai
OpenStudy (kohai):
I was never good with this, sorry :(
OpenStudy (anonymous):
k
OpenStudy (anonymous):
what about the substitution method @kohai
OpenStudy (anonymous):
(5400-x)*(1+.011)+x(1+0.06) is what you are looking for! Where x is amount invested at 6%
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