Question Problem #1
Donna invested her $33,000 bonus and received a total of $970 in interest after one year. If part of the money returned 4% and the remainder 2.25%, then how much did she invest at each rate?
Problem #2
Tickets for a concert were sold to adults for $3 and to students for $2. If the total receipts were $824 and twice as many adult tickets as student tickets were sold, then how many of each were sold?
Answer x=amt invested at 4% y=amt invested at 2.25%