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September 20, 2014

September 20, 2014

Posted by **chanell** on Friday, October 14, 2011 at 2:05pm.

- math -
**Steve**, Friday, October 14, 2011 at 3:11pminvest x at 4%, y at 8%

x + y = 40000

.04x + .08y = 2720

.08x + .08y = 3200

.04x + .08y = 2720

now subtract:

.04x = 480

x = 12000

y = 28000

.04*12000 + .08*28000 = 480 + 2240 = 2720

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