(adsbygoogle = window.adsbygoogle || []).push({}); Write a system of equations to represent this scenario: An investment of $6000 earned $540. Part of the money was invested at a rate of 8% and the rest was invested at a rate of 12%. DO NOT SOLVE.

Please explain

"Do not solve"
You're already finished

You have to write a system of equations....

What kind of investments are we talking about here? Lol. Stocks, bonds, etc.?

Idk I just copy and pasted what my teacher put on the exam review

I'm not very good at explaining math too others so sorry if this doesn't make sense.

You're basically writing an equation like A(x)+B(y-x)=C but in this scenario it'll be .12(x) +.08(6000-x)=540
First off you know the total he earned which is 540 so that is your C
Second is that part of the investment was 8% which is your B and the Rest 12% which is your A because it is a major part of the investment.
Finally Y is $6000 ( You can change to what ever variable like X,Y,Z,B etc doesn't matter as long as it's just a place holder)

Thank you very much!

Cool dude, glad you got to the answer before I saw his reply.

No prob. in the end however I still hate doing math lol :p

If you study you will do worse because you will question everything you do rather than go on gut feeling