Suppose that you have $3000 to invest, and you invest x dollars at 11% and the remainder at 7%. Write expressions in x that represent the following values (a) the amount invested at 7% (b) the interest earned on the x dollars at 11% (c) the interest earned on the money invested at 7% (d) the total interest earned

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.2: Real Numbers
Problem 4E: The symbol |x| stands for the _________ of the number x . If x is not 0, then the sign of |x| is...
icon
Related questions
Question
Suppose that you have $3000 to invest, and you invest x dollars at 11% and the remainder at 7%. Write expressions in x that represent the following values.
(a) the amount invested at 7%
(b) the interest earned on the x dollars at 11%
(c) the interest earned on the money invested at 7%
(d) the total interest earned
Transcribed Image Text:Suppose that you have $3000 to invest, and you invest x dollars at 11% and the remainder at 7%. Write expressions in x that represent the following values. (a) the amount invested at 7% (b) the interest earned on the x dollars at 11% (c) the interest earned on the money invested at 7% (d) the total interest earned
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College