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pickupchik [31]
3 years ago
5

$5,000 is invested at 3% interest. How much money must be invested at 5% interest so that the total interest from the two invest

ments is $275 after one year?
Mathematics
1 answer:
dexar [7]3 years ago
3 0
Part \ of\ 5000\ should\ be\ invested\ at\ 3\%\ and\ part\ at\ 5\%.\\\\ x-\ part\ of\ 5000\ invested\ at \3\%\\x*3\%+(5000-x)*5\%=275\\
0,03x+0,05(5000-x)=275\\
0,03x+0,05*5000-0,05x=275\\
-0,02x=275-250\\
-0,02x=-25\ |:-0,2\\\ 
x=125\\
5000-125=4875\\
125 \$\ should\ be\ at\ 3\%\ and\ 4875\ at \ 5\%.
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