Table of contents
- 0. Review of Algebra(0)
- 1. Equations & Inequalities(0)
- 2. Graphs of Equations(0)
- 3. Functions(0)
- 4. Polynomial Functions(0)
- 5. Rational Functions(0)
- 6. Exponential & Logarithmic Functions(0)
- 7. Systems of Equations & Matrices(0)
- 8. Conic Sections(0)
- 9. Sequences, Series, & Induction(0)
- 10. Combinatorics & Probability(0)
1. Equations & Inequalities
Linear Equations
1. Equations & Inequalities
Linear Equations: Study with Video Lessons, Practice Problems & Examples
Back to all problems
68PRACTICE PROBLEM
Steven wins the lottery for $500,000. 20% of the total amount was deducted in taxation. He invested some of the remaining amount at 5% and some at 3%. Find out the amount invested at each rate if the interest earned per year is $17,000.
Steven wins the lottery for $500,000. 20% of the total amount was deducted in taxation. He invested some of the remaining amount at 5% and some at 3%. Find out the amount invested at each rate if the interest earned per year is $17,000.