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January 31, 2015

January 31, 2015

Posted by **susie** on Sunday, September 4, 2011 at 6:44pm.

the total annual interest is $1950. how much is invested in each fund?

- algebra -
**Mgraph**, Sunday, September 4, 2011 at 7:21pmLet we invest $X in 1st fund, then

0.115X+0.14(15000-X)=1950

0.115X+2100-0.14X=1950

150=0.025X

X=6000

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