Two investments totaling $58,500 produce an annual income of $3795. one investment yields 5% per year, while the other yields 7% per year. how much is invested at each rate?

Total investment is =$58500

Annual income produced = $3795

Rate of one investment = 5%

Rate of second investment = 7%

Let the amount invested at 5% be = x

Then, amount invested at 7% rate will be =

The equation becomes:

5%x + 7%(58500-x) = 3795

= 0.05x + 0.07(58500-x) = 3795

0.05x + 4095 - 0.07x = 3795

0.02x = 300

x = 15000

Hence,  the amount invested at 5% is = $15000

Amount invested at 7% = 58500-15000 = $43500

step-by-step explanation:

3. (5x + 1) - (-10x + 6)

simplify the answer choice. combine like terms. remember to distribute the negative to the terms inside the second parenthesis. also remember that two negatives = one positive, and one of each sign = negative.

- (-10x + 6) = + 10x - 6

simplify. combine like terms:

5x + 1 + 10x - 6

5x + 10x + 1 - 6

15x - 5

∴ it is your answer

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