Heather has divided $6400 between two investments, one paying 8%, the other paying 7%. If the return on her investment is $470, how much does she have in each investment
Heather has divided $6400 between two investments, one paying 8%, the other paying 7%. If the return on her investment is $470, how much does she have in each investment
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter9: Systems Of Linear Equations
Section9.5: Multiplication With The Addition-or-subtraction Method
Problem 10P
Related questions
Question
Heather has divided
$6400
between two investments, one paying
8%,
the other paying
7%.
If the return on her investment is
$470,
how much does she have in each investment? Do not try to solve each problem algebraically. Instead, make a guess that satisfies one or more conditions of the problem and then evaluate your guess. Keep adjusting your guesses until you have a solution that fits all the conditions of the problem.Heather invested
$nothing
at
8%,
and
$nothing
at
7%.
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