nno
Chats move too fast. Too hard to track questions and answers. F = Amount invested at 4% V = Amount invested at 5% That's about half the solution - Writing a good definition. Now what.
I = Prt -- Every Time.
im not sure i understand
Build an expression for the interest earned every year.
t = 1 in both cases.
ok so do i divide the interest into 6000?
No, no. Add the funds. F+V = $6000 Add the interest F*0.04 + V*0.05 >= 270 This is the sum, total of the information in the problem statement. You must see it all before continuing.
Solve the first for V V = 6000 - F Substitute this expression into the interest inequality F*0.04 + (V = 6000 - F)*0.05 >= 270 Solve and you will have your answer. It's just a little algebra
3000 am i right
I don't know. Show your work.
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