Atrust fund worth $25,000 is invested in two different portfolios, this year, one portfolio is expected to earn 5.25% interest and the other is expected to earn 4%. plans are for the total interest on the fund to be $1,150 in one year. how much money should be invested at each rate

The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000

Step-by-step explanation:

we know that

The simple interest formula is equal to

where

I is the Final Interest Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

Let

x ------> the amount of money that should be invested at the rate of 5.25%

25,000-x -----> the amount money that should be invested at the rate of 4%

in this problem we have

substitute in the formula above

Solve for x

therefore

The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000

answer: 0.64

step-by-step explanation:

the ordered pairs for the given function are of the form