junioratongi134 junioratongi134
  • 23-04-2017
  • Mathematics
contestada

George invested $ 2,000 at two different rates, 5% and 6%. If his total interest income was $106, how much did he invest at each rate

Respuesta :

lisee7 lisee7
  • 23-04-2017
X+y= 2000
.05x+.06y= 105

Multiply top row by -.05
-.05x-.05y= -100
.05x+.06y=105
.01y=5
Divide by .01
Y= 500
2000-500=1500
$1.500 at 5%
$500 ar 6%
Check
1500x.05= $75
55 X.06=$30
Total $105
Answer Link
TheGamingCypress
TheGamingCypress TheGamingCypress
  • 23-04-2017
The answer would be $105 hope this helped
Answer Link

Otras preguntas

Determine the current through each of the LEDs in the circuits below. Which LED will be glowing the brightest? Which LED will be the most dim?
Derive the following equations of motion1. v = at2. s = ut + at²3. v² = u² + 2as​
A sculpture is formed from a square-based pyramid resting on a cuboid. The base of the cuboid and the base of the pyramid are both squares of side 3 cm. The hei
NEED HELP ASAP PLEASE!!! can music remain "traditional" while incorporating elements of western musical modernity? what are the criteria for classification as "
Recognizing a problem is the first step towsrd solving it
PLEASE HELP IM STUCK PLEASE HELP
Scott counted 23 beats in 10 seconds. What is his approximate heart rate?123 bpm130 bpm138 bpm230 bpmAnyone is here ​
What is Photosynthesis?My Love is my life and my love is Anayaa!!​
Please help me with this problem. Seriously desperate again !!
(The two triangles are not the same)