Tuesday

September 16, 2014

September 16, 2014

Posted by **Joel** on Wednesday, March 30, 2011 at 6:01pm.

if her total yearly interest from both investments was 7200 how much was invested at 3% ?

- Math -
**Henry**, Thursday, March 31, 2011 at 10:47pmInvested $X @ 3%.

Invested $3X @ 5%.

0.03X + 0.05*3X = 7200.

0.03X + 0.15X = 7200,

0.18X = 7200.

X = $40,000.

**Answer this Question**

**Related Questions**

algebra - Larry Mitchel invested part of his $32,000 advance at 7% annual simple...

Math - An investment advisor invested a total of $12,000, part at 2.5% annual ...

Algebra - I invested $42,000 in three funds paying 5%, 7%, and 9% simple ...

Algebra - Compare the future amounts (A) you would have if the money were ...

Algebra - Compare the future amounts (A) you would have if the money were ...

math - Two investments earn a total annual income of $2825. One investment is in...

Math - Help! Toshiro Hashimoto invested some money at 4.5% simple interest and $...

algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...

algebra - A total of $6200 is deposited into two simple interest accounts. On ...

Math 81 - How can $60,000 be invested, part at 7% annual simple interest and the...