College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter 5, Systems of Equations and Inequalities - Section 5.1 - Systems of Linear Equations in Two Variations - 5.1 Exercises - Page 448: 71

Answer

$14000$ into the first one ($5\%$), and $6000$ into the second one ($8\%$).

Work Step by Step

If she invests $x$ in the first one, she invests $20000-x$ into the second one. Then our equation is: $0.05x+(20000-x)0.08=1180\\0.05x+1600-0.08x=1180\\0.03x=420\\x=14000$ Thus, she invested $14000$ into the first one ($5\%$), and $2000-14000=6000$ into the second one ($8\%$).
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