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scoray [572]
3 years ago
12

Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other fund pays interest at 7% per

year. How much should she invest in each fund if she wants to earn 6.1% interest on the total amount? Add commas where necessary.
Mathematics
1 answer:
AnnyKZ [126]3 years ago
5 0
$4,200 at 4%, $9,800 at 7%
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The sum of two numbers is 72. One number is 8
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Answer:

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Step-by-step explanation:

Let's call the smaller number x. If the smaller number is x, the equation for this problem is 2x + 8 = 72

Equation:

2x + 8 = 72

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So now we know the smaller number is 32, so now add 8 and we get 40.

Therefore the 2 numbers are 32 and 40

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MArishka [77]

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1 year ago
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3 years ago
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