Math
posted by Martha .
Part of 26000 invested at 4% interest and the rest at 2% interest yields 680.00

Invested $X @ 4%.
Invested $(26,000  X) @ 2%.
0.04X + 0.02(26000  X) = 680,
0.04X + 520  0.02X = 680,
0.02X = 680  520 = 160,
X = $8000 @ 4%.
26000  8000 = $18000 @ 2%.
Respond to this Question
Similar Questions

Algebra
Joe invested $12000, part at 6% interest and part at 8% interest. In the first year he earned $860 in interest. How much was invested at each rate? 
Math
The computer club invested $2200, part at 4.5% interest and the rest at 7%. The total annuel interest earned was $144. How much was invested at each rate? 
Math
Joe invested $12,000, part at 6% interest and part at 8% interest. In the first year he earned $860 in interest. How much was invested at each rate? 
iun
kim won 60,000 dollars. she invested part at 2 percent interest and the rest at 3 percent interest. if she earned total of 1600 dollars in interest. how much was invested at each rate? 
math
A total of $9000 is invested: part at 6% and the remainder at 14%. How much is invested at each rate if the annual interest is $680 
Math
Two investments are made totaling $4800. In the first year they yield a total of $412 in simple interest. Part of the money is invested at 8% and the rest at 9%. Find the amount invested at each interest rate. 
algebra
Larry Mitchel invested part of his $32,000 advance at 7% annual simple interest and the rest at 6% annual simple interest. If this total yearly interest from both accounts was $2,050, find the amount invested at each. The amount invested … 
Algebra
The Smiths invested $14,000, part at 3% simple interest and the rest at 4% simple interest for a period of one year. if the total interest earned was $460, how much was invested at each rate? 
math algebra
Terry Edwards invested $3000 for two years, part at 3.5% simple interest and the rest at 2.5% simple interest. After two years she earned a total interest of $190. How much was invested at each rate? 
math
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?