An actor invests some money at 6%, and $49000 more than twice the amount at 11%. The total annual interest earned from the investment is $45990. How much did he invest at each amount? Use the six-step method. **** He invested S at 6% and Sat 11%.

An actor invests some money at 6%, and $49000 more than twice the amount at 11%. The total annual interest earned from the investment is $45990. How much did he invest at each amount? Use the six-step method. **** He invested S at 6% and Sat 11%.

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter11: Systems Of Equations

Section11.CR: Review Problem Set

Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...

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Question

An actor invests some money at 6%, and $49000 more than twice the amount at 11%. The total annual interest earned from the investment is $45990. How much did he invest at each amount? Use the six-step method.
He invested $
at 6% and $
at 11%.

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