Posted by Trisan on Sunday, October 18, 2009 at 10:46pm.
I can't tell you how to set it up but I can tell you that she invested $3000 at 9% and $1500 at 6%.
3000 x .09 = 270
1500 x .06 = 90
270 - 90 = 180
let the amount invested at 9% be x
then the amount invested at 6% is 4500-x
.09x + .06(4500-x) = 180
solve for x
Related Questions
Algebra 2 - Sally invested a total of $4500, some at 9% per year and the rest at...
Algebra @ - Sally invested a total of $4500, some at 9% per year and the rest at...
algebra - Last year, Susan had 30,000 to invest. She invested some of it in an ...
Math 0098 - Last year, Deon had $20,000 to invest. He invested some of it in an...
Math 0098 - Last year, Joe had to invest. He invested some of it in an account ...
algebra - A total of $15,000 is invested into two accounts. One of the accounts ...
Algebra 1 - Ms. Buxx invested a total of $2000 in two saving accounts. The first...
math - A woman has a total of $9,000 to invest. She invests part of the money in...
math - ...A woman has a total of $9,000 to invest. She invests part of the ...
Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...
For Further Reading