?You invested \(\$ 4000\). On part of this investment, you earned \(4 \%\) interest. On

Chapter 1, Problem 34

(choose chapter or problem)

You invested \(\$ 4000\). On part of this investment, you earned \(4 \%\) interest. On the remainder of the investment, you lost \(3 \%\). Combining earnings and losses, the annual income from these investments was \(\$ 55\). How much was invested at each rate?

Equation Transcription:

Text Transcription:

$4000

4%

3%

$55

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