Thursday

July 10, 2014

July 10, 2014

Posted by **Emmett** on Saturday, July 28, 2012 at 9:11pm.

- algebra -
**drwls**, Sunday, July 29, 2012 at 2:28amLet x be the amount invested at 2% interest and y be the amount invested at 4% interest

x + y = 6200

0.02x + 0.04y = 148

Solve that pair of equations.

0.02x + 0.04(6200 -x) = 148

-0.02x + 248 = 148

0.02x = 100

x = 5000.

y = 1200

- algebra -
**lulu**, Monday, August 20, 2012 at 11:10pmThe simple interest paid on a loan after 6 months was $306. The annual interest rate was 8%. Find the principal.

- algebra -
**jaden**, Monday, December 3, 2012 at 4:10pmcan't figure it out yet let me know how it goes

**Related Questions**

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

math - Samantha opened a savings account and deposited some money into the ...

Algebra - an algebra student won $115,000 in a lottery and wishing to deposit it...

math - An investor has 7000 to invest in two accounts. The first account earns 8...

Algebra - An investment adviser invested $14,000 in two accounts. One investment...

math - Suppose $500 is divided into two bank accounts. One account pays 15% ...

Intermidiate algebra - a woman ivests in two bank accounts, one with a 3% ...

MATH - An investment adviser invested $14,000 in two accounts. One investment ...

Social Studies - I was wondering if I could check my answers with someone. I'm a...

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