To calculate: The amount have invested at each rate by Rebecca.
The numbers are 2 minivans, 4 vans, and 2 trucks
Given Information:
Rebecca invests $38,000; part at 7.5% simple interest and the remainder at 6% simple interest. If her annual interest income is $2600.
Calculation:
Consider the given information,
Suppose that x is representing the amount of money invested with 7.5% interest and y is representing the amount of money invested with 6% interest
Write the system of equations modelling the problem:
Substitute
And the other value.
Therefore, the required amount is
Chapter 7 Solutions
PRECALCULUS:GRAPHICAL,...-NASTA ED.
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