Willie invests money at 7.5%. He also invests $4,000 less than this amount at 6.5%. His total annual income from the interest of these two investments is $1,000. How much money is invested at each rate? O $9,000 at 7.5% $3,000 at 6.5% O $5,000 at 7.5% $9,000 at 6.5% O $7,000 at 7.5% $4,000 at 6.5% O $9,000 at 7.5% $5,000 at 6.5%
Willie invests money at 7.5%. He also invests $4,000 less than this amount at 6.5%. His total annual income from the interest of these two investments is $1,000. How much money is invested at each rate? O $9,000 at 7.5% $3,000 at 6.5% O $5,000 at 7.5% $9,000 at 6.5% O $7,000 at 7.5% $4,000 at 6.5% O $9,000 at 7.5% $5,000 at 6.5%
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
Problem 2E
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