You are going to invest $25.000, part at 14% and part at 16%.

You are going to invest $25.000, part at 14% and part at 16%. What is the most that can be invested at 1 4% to make at least $3600 interest per year?
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1 Answer

x=amount imvested at 14%, 25000-x=amount invested at 16%

.14x +.16(25000-x) >= 3600

.14x +4000 -.16x >=3600

-.02x>=-400

x<=20000

$20 000
by Level 5 User (12.9k points)

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