Algebra

Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?

  1. 👍 0
  2. 👎 0
  3. 👁 2,200
  1. invested at 2% --- x
    invested at 3% --- 7000-x

    .02x + .03(7000-x) = 184

    carry on

    1. 👍 0
    2. 👎 11

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