A total of 5000 is invested part at 10% and the remainder at 15%. How much is invested at Each rate if the annual interest is $630?

Respuesta :

Answer:Let the amount invested in each be

A and B

A+B=5000

0.1A+0.15B=630

0.1(5000-B)+0.15B=630

500-0.1B+0.15B=630

0.05B=130

B=2600

A=2400

Step-by-step explanation:

There are 2400 invested in 10% and 2800 invested in 15%.

Given

A total of 5000 is invested part at 10% and the remainder at 15%.

Total invested amount invested 5000.

[tex]\rm x+y=5000[/tex]

A total of 5000 is invested part at 10% and the remainder at 15%.

[tex]\rm 0.10x +0 .15y = 630[/tex]

On solving both the equations

From equation 1

[tex]\rm x+y=5000\\\\y=5000-x[/tex]

Substitute the value of y in equation 2

[tex]\rm 0.10x +0 .15(5000 -x) = 630\\\\0.10x+750-0.15x=630\\\\-0.5x=630-750\\\\-0.05x=-120\\\\x=\dfrac{-120}{-0.05}\\\\x=2400[/tex]

Substitute the value of x in equation 1

[tex]\rm x+y=5000\\\\ 2400+y=5000\\\\y=5000-2400\\\\y=2600[/tex]

Hence, there are 2400 invested in 10% and 2800 invested in 15%.

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https://brainly.com/question/494802

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