SOLUTION: George invested some money at 5% interest. George also invested $165 more than 5 times that amount at 12%. How much is invested at each rate if George receives $899.90 in interest

SOLUTION: George invested some money at 5% interest. George also invested $165 more than 5 times that amount at 12%. How much is invested at each rate if George receives $899.90 in interest

Algebra.Com

Question 127253: George invested some money at 5% interest. George also invested $165 more than 5 times that amount at 12%. How much is invested at each rate if George receives $899.90 in interest after one year?
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
let x="amount @ 5%", so 5x+165="amount @ 12%"

(5%)(x)+(12%)(5x+165)=899.9 __ .05x+.6x+19.8=899.9

.65x=880.1
RELATED QUESTIONS
George invested some money at 5% interest. George also invested $219 more than 4 times... (answered by jorel555)

George invested some money at 10% interest. George also invested $169 more than 4 times... (answered by ikleyn)

George invested some money at 14% interest. George also invest $166 more than 3 times... (answered by ikleyn)

George invested some money at 5% interest. George also invested $219more... (answered by greenestamps)

Sally invested some money at 14% interest. Sally also invested $207 more than 5 times... (answered by Fombitz)

Sally invested some money at 5% interest. sally also invested $66 more than three times... (answered by stanbon)

Jarvis invested some money at 5% interest. Jarvis also invested $152 more than 3 times... (answered by Theo)

James invested some money at 6% interest. James also invested $209 more than 3 times that (answered by mananth)

Sang invested some money at 13% interest. Sang also invested $66 more than 3 times that... (answered by ikleyn)