Algebra

A total of 23,456.78 dollars was invested in two funds paying 2½ percent and 1¾ annual interest. The combined interest for the year percent is 368 dollars and 50 cents.
Part A: How much of the 23,456.78 dollars is invested in 2½ percent fund?
Part B: How much of the 23,456.78 dollars is invested in 1¾ percent fund?

  1. 👍
  2. 👎
  3. 👁
  1. well u see idk

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. statistics

    {Exercise 3.55} Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds (Morningstar Funds500, 2008). a. Using

  2. algebra

    A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the

  3. algebra

    Dilbert invests a total of $14,000 in two accounts paying 9% and 15% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $1,350.00. A) Enter an equation that uses the

  4. annual interest

    you invested 12000 in two accounts paying 5% and 7% annual interest. If the totak interest earned for the year was 760 how much was invested at each rate?

  1. MATH

    Inverse mutual funds, sometimes referred to as “bear market” or “short” funds, seek to deliver the opposite of the performance of the index or category they track and can thus be used by traders to bet against the stock

  2. Math

    You invested $14,000 in two accounts paying 5% and 9% annual interest, respectively. If the total interest earned for the year was $820, how much was invested at each rate?

  3. Math

    John invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 8% profit. How much did he invest in Fund

  4. math

    Carlos invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 4% profit. How much did he invest in

  1. algebra

    You invested ​$27,000 in two accounts paying 2% and 3% annual​ interest, respectively.If the total interest earned for the year was $ 800, how much was invested at each​ rate?

  2. math

    you invested $8000 between two accounts paying 7% and 9% annual interest, respectively. If the total interest earned for the year was $600 how much was invested at each rate?

  3. math

    you invested $4000 in two accounts paying 2% and 9% annual interest, respectively if the total interest earned for the year was $150, how much was invested at each rate. $_was invested at 2% and _$ was invested at 9%

  4. math

    things do not go quite as planned. you invested $8000, part of it in stock that paid 12% annual interest. however, the rest of the money suffered a 55 loss. if the total annual income from both investments was $620, how much was

You can view more similar questions or ask a new question.