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14 May, 18:05

Solve this problem by using a two order system. A man invests $5,200, part at 4% and the balance at 3%. If his total income for the two investments is $194, how much money did he invest at each rate? $ a0 at 4% and $ a1 at 3%

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  1. 14 May, 19:52
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    0.03x+0.04 (5200-x) = 194

    Solve for x

    X=1400 at 3%

    5,200-1,400=3,800 at 4%
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