x¼$600 invested at 2
3
4
%
5 x¼ 5 ð 600 Þ¼$3000 invested at 5
1
2
%
- Let x¼the amount of money invested at 5% and x 1300 ¼the
amount of money invested at 9%.
5 %xþ 9 %ðx 1300 Þ¼ 219
0 : 05 xþ 0 : 09 ðx 1300 Þ¼ 219
0 : 05 xþ 0 : 09 x 117 ¼ 219
0 : 14 x 117 ¼ 219
0 : 14 x 117 þ 117 ¼ 219 þ 117
0 : 14 x¼ 336
0 : 141 x
0 : 141
¼
336
0 : 14
x¼$2400 invested at 5%
x 1300 ¼ 2400 1300 ¼$1100 invested at 9%
- Letx¼the amount of money invested at 7% and 12000x¼the
amount of money invested at 5%.
7 %x¼ 5 %ð12,000xÞ
0 : 07 x¼ 0 : 05 ð12,000xÞ
0 : 07 x¼ 600 0 : 05 x
0 : 07 xþ 0 : 05 x¼ 600 0 : 05 xþ 0 : 05 x
0 : 12 x¼ 600
0 : 121 x
0 : 121
¼
600
0 : 12
170 LESSON 15 Solving Finance Problems