much did he invest at each rate?
Could someone show me how to solve? Im stumped. Thank you!
2007-08-25 13:53:52 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
T + O = $32,000
T is the amount invested at (TWO) %
O is the amount invested at (ONE) %
Also,
T x (2%) + O x (1%) = $500
So you have two equations. Solve for T and O
2007-08-25 14:02:22 · answer #1 · answered by teran_realtor 7 · 0⤊ 0⤋
I just want to thank you for the way in which you ask the question. You indicated you were stumped meaning you have already tried to solve and need some guidance and you thanked us.
Most just ask and think everyone is awful for not doing their homework for them.
.
2007-08-25 21:09:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
i second pj comment!!!
2007-08-28 12:26:05 · answer #3 · answered by mister ed 7 · 0⤊ 0⤋