math

posted by .

Bob invested $25,000, part at 2% and part at 9%. If the total interest at the end of the year is $1,060, how much did he invest at 2%?


A) $8,000
B) $18,000
C) $17,000
D) $16,000

  • math -

    Take a look at this question posted down below:
    ==============================
    ==============================
    Posted by Anonymous on Saturday, December 8, 2007 at 6:55pm.

    Stan invested $5,000, part at 8% and part at 17%. If the total interest at the end of the year is $490, how much did he invest at 8%?

    For Further Reading

    * math - Damon, Saturday, December 8, 2007 at 7:18pm

    .08 x + .17 (5,000 -x) = 490
    assuming simple interest not compounded monthly or daily or anything.

    * math - drwls, Saturday, December 8, 2007 at 7:21pm

    If x was invested at 8%, 5000-x was invested at 17%.

    Solve the equation
    490 = 0.08x + 0.17 (5000 -x)
    490 - 850 = -0.09 x
    0.09x = 360
    x = ?
    It says that the total interest earned in two accounts, was $490.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. algebra

    Janet invested $23,000, part at 6% and part at 17%. If the total interest at the end of the year is $2,260, how much did she invest at 6%?
  2. Math Help Please

    Bob invested $30,000, part at 10% and part at 1%. If the total interest at the end of the year is $1,560, how much did he invest at 10%?
  3. math

    Stan invested $5,000, part at 8% and part at 17%. If the total interest at the end of the year is $490, how much did he invest at 8%?
  4. Math

    19. Janet invested $26,000, part at 6% and part at 3%. If the total interest at the end of the year is $1,080, how much did she invest at 6%?
  5. Algebra

    Whitney invested $19,000, part at 5% and part at 7%. If the total interest at the end of the year is $1,110.,how much did she invest at 5%. I know the answer is $11,000. I would like to know how to actually solve the equation.
  6. healthcare fiancare

    HINT: 6% X $1,000,000 – {20% X ($1,000,000 – (6% X $1,000,000))} = 6% X $1,000,000 – {20% X ($1,000,000 - $60,000))}= 6% X $1,000,000 - {20% X $940,000}= 6% X $1,000,000 - $188,000 = $60,000 - $ 188,000= -$128,000 A) The interst …
  7. Math

    Would 72,060,964,765 look like the following in it's expanded form?
  8. Math

    I am sorry I didn't complete the problem Here is the question: Doris invested some money at 7% and some money at 8%. She invested $6,000 more at 8% than she did at 7%. Her yearly total from the two investments was $7.80. How much did …
  9. math

    Janet invested $10,000, part at 2% and part at 12%. If the total interest at the end of the year is $600, how much did she invest at 2%?
  10. Math

    Whitney invested $25,000, part at 19% and part at 6%. If the total interest at the end of the year is $3,320, how much did she invest at 19% ?

More Similar Questions