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April 19, 2014

April 19, 2014

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.

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