Friday

October 31, 2014

October 31, 2014

Posted by **Dan** on Sunday, July 17, 2005 at 7:20pm.

Let x = amount invested at 5%

Let (7500 - x) = amount invested at 4%

0.05x + 0.04(7500 - x) = 346.50

HINT: Multiply each term by 100 to eliminate the decimals.

5x + 4(7500 - x) = 34650 Solve for x. I got x = 4650 and (7500 - x) = 2850

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