Finance...3

Discussion in 'Algebra' started by nycmathguy, Feb 22, 2022.

  1. nycmathguy

    nycmathguy

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    Looking for the correct set up.

    Let x = interest at 5%.

    Let 600 - x = interest at 3%.

    Equation

    0.05x + 0.03(600 - x) = 25

    Correct?

    Screenshot_20220216-193013_Samsung Internet.jpg
     
    nycmathguy, Feb 22, 2022
    #1
  2. nycmathguy

    MathLover1

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    Correct
     
    MathLover1, Feb 23, 2022
    #2
    nycmathguy likes this.
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