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April 16, 2014

April 16, 2014

Posted by **Martha** on Monday, June 20, 2011 at 2:29pm.

- Math -
**Henry**, Monday, June 20, 2011 at 9:07pmInvested $X @ 4%.

Invested $(26,000 - X) @ 2%.

0.04X + 0.02(26000 - X) = 680,

0.04X + 520 - 0.02X = 680,

0.02X = 680 - 520 = 160,

X = $8000 @ 4%.

26000 - 8000 = $18000 @ 2%.

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