Monday

October 20, 2014

October 20, 2014

Posted by **sue** on Sunday, September 4, 2011 at 5:44pm.

- college algebra -
**Henry**, Tuesday, September 6, 2011 at 4:26pmAmt. Invested in fund A = $X.

Amt. invested in fund B = $(15,000-X).

Int. = Prt.

t = 1yr.

x*0.115*1 + (15000-x)*0.14*1 = $1950.

0.115x + 2100 - 0.14x = 1950,

-.025x = 1950 - 2100 = -150,

X = $6,000.

15000 - X = 15000 - 6000 = $9000.

**Answer this Question**

**Related Questions**

algebra - suppose you invest $15,000 in two funds paying 11 1/2% and 14% simple ...

College Algebra - You plan to invest $12,000 in two funds paying 41/2% and 5% ...

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

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

Math - a total of $ 14,000 is invested in two funds paying 4% and 5% annual ...

Math Algebra1A - A total of $12,000 is invested in two funds paying 9% and 11% ...

Algebra - Ramona divided his 35,000 inheritance between two investments, one ...

Business Algebra - You invest $20,000 in two accounts. Account A earned 4.5% ...

FInance - Assume that you have $10,000 which you plan to invest for 3 years. How...

Algebra - You invested $1 0,000 on two stocks paying 8% and 10% annual interest...