Wednesday

April 1, 2015

April 1, 2015

Posted by **Paul** on Wednesday, November 27, 2013 at 11:14am.

- Algebra - eh? -
**Steve**, Wednesday, November 27, 2013 at 1:59pmjust add up the interest earned by each investment. If x gets 7%, then the rest gets 6.5%

.07x + .065(15000-x) = 1520

There seems to be a problem here. Even if the whole 15,000 were invested at 7%, there would only be $1050 in interest.

**Answer this Question**

**Related Questions**

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

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

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

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

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

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

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

algebra2 - Bill invested $15,000 in three accounts. The savings account paid 1% ...

algebra2 - Bill invested $15,000 in three accounts. The savings account paid 1% ...

Algebra - A mother wants to invest 8,000 dollars into her child's college fund. ...