College Algebra (6th Edition)

Published by Pearson
ISBN 10: 0-32178-228-3
ISBN 13: 978-0-32178-228-1

Chapter 1 - Mid-Chapter Check Point - Page 166: 34

Answer

2500 dollars at 4% interest and 1500 at 3% loss

Work Step by Step

0.04x-0.03(4000-x)=55 0.04x-120+0.03x=55 0.07x=175 x=2500 at 4% interest 4000-2500=1500 at 3% loss
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