Suppose that you have $6000 to invest, and you invest x dollars at 12% and the remainder at 6%. Write expressions in x that represent the following values. (a) the amount invested at 6% (b) the interest earned on the x dollars at 12% (c) the interest earned on the money invested at 6% (d) the total interest earned

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.5: Exponential Functions
Problem 30PPS
icon
Related questions
Question
Suppose that you have $6000 to invest, and you invest x dollars at 12% and the remainder at 6%. Write expressions in x that represent the following values.
(a) the amount invested at 6%
(b) the interest earned on the x dollars at 12%
(c) the interest earned on the money invested at 6%
(d) the total interest earned
Transcribed Image Text:Suppose that you have $6000 to invest, and you invest x dollars at 12% and the remainder at 6%. Write expressions in x that represent the following values. (a) the amount invested at 6% (b) the interest earned on the x dollars at 12% (c) the interest earned on the money invested at 6% (d) the total interest earned
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 3 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College