vestments. Ana and Johnny made two invest- ents totaling $45,000. In one year, these investme Ided $2430 in simple interest. Part of the money invested at 4% and the rest at 6%. How much rted at each rate?

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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14. Investments. Ana and Johnny made two invest-
ments totaling $45,000. In one year, these investments
was invested at 4% and the rest at 6%. How much w
yielded $2430 in simple interest. Part of the r
money
was
invested at each rate?
Transcribed Image Text:14. Investments. Ana and Johnny made two invest- ments totaling $45,000. In one year, these investments was invested at 4% and the rest at 6%. How much w yielded $2430 in simple interest. Part of the r money was invested at each rate?
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