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Question

Cassandra invested one part of her 10,000at7.5820. How much did she invest at each rate?

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Solution

Let x and yx be the amount invested at 7.5% and 8.5% respectively
Income =820 = 7.5\times x + 8.5\times y$
The total amount invested is also known
10,000=x+y
Solve the system of the equations to find x and y.
x=3000\ and\ y = 7000
As a practice check that 7.5% of 3000and8.5\%of 7000 gives 820$

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