Precalculus: Mathematics for Calculus, 7th Edition

Published by Brooks Cole
ISBN 10: 1305071751
ISBN 13: 978-1-30507-175-9

Chapter 1 - Section 1.7 - Modeling with Equations - 1.7 Exercises - Page 75: 25

Answer

9000 was invested at 4.5% and 3000 at 4%

Work Step by Step

0.045x+(12000-x)$\times$0.04=525 4.5%=0.045 4%=0.04 0.045x-0.04x=45 x=9000 12000-x=? 12000-9000=3000
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