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put this solution on YOUR website!1) Let x = the amount invested at 9% simple interest. Then $15,000-x = the amount invested at 10% simple interest.
The interest earned on these two amounts can be expressed as, after changing the percentages to their decimal equivalents:
0.09x is the interest earned at 9%.
0.1($15,000-x) is the interest earned at 10%
The sum of these two amounts is $1,432,so we can set up an equation to find x:
0.09x+0.1($15,000-x) = $1,432 Simplify.
0.09x+1500-0.1x = 1432 Combine like-terms.
(0.09x-0.1x)+1500 = 1432
-0.01x+1500 = 1432 Subtract 1500 from both sides.
-0.01x = -68 Divide both sides by -0.01
x = 6800, so...
$6,800 was invested at 9% simple interest and $15,000-$6,800 = $8,200 was invested at 10% simple interest.
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2) Use the distance formula: d = rt where d = distance traveled, r = rate of speed, and t = time of travel.
Car 1:
![d[1] = r[1]*t](/cgi-bin/plot-formula.mpl?expression=d%5B1%5D+=+r%5B1%5D%2At&x=0003)
and...
Car 2:
![d[2] = r[2]*t](/cgi-bin/plot-formula.mpl?expression=d%5B2%5D+=+r%5B2%5D%2At&x=0003)
For car 1, substitute
![d[1] = 300](/cgi-bin/plot-formula.mpl?expression=d%5B1%5D+=+300&x=0003)
and for car 2 substitute
![r[2] = r[1]-5](/cgi-bin/plot-formula.mpl?expression=r%5B2%5D+=+r%5B1%5D-5&x=0003)
and
![d[2] = 275](/cgi-bin/plot-formula.mpl?expression=d%5B2%5D+=+275&x=0003)
The time of travel,t, is the same for both cars, so...
1)
![t = 300/r[1]](/cgi-bin/plot-formula.mpl?expression=t+=+300%2Fr%5B1%5D&x=0003)
2)
![t = 275/(r[1]-5)](/cgi-bin/plot-formula.mpl?expression=t+=+275%2F%28r%5B1%5D-5%29&x=0003)
, so we can write...
![300/r[1] = 275/(r[1]-5)](/cgi-bin/plot-formula.mpl?expression=300%2Fr%5B1%5D+=+275%2F%28r%5B1%5D-5%29&x=0003)
Simplify.
![300r[1]-1500 = 275r[1]](/cgi-bin/plot-formula.mpl?expression=300r%5B1%5D-1500+=+275r%5B1%5D&x=0003)
Add 1500 to both sides.
![300r[1] = 275r[1]+1500](/cgi-bin/plot-formula.mpl?expression=300r%5B1%5D+=+275r%5B1%5D%2B1500&x=0003)
Subtract
![275r[1]](/cgi-bin/plot-formula.mpl?expression=275r%5B1%5D&x=0003)
from both sides.
![25r[1] = 1500](/cgi-bin/plot-formula.mpl?expression=25r%5B1%5D+=+1500&x=0003)
Divide both sides by 25.
![r[1] = 60](/cgi-bin/plot-formula.mpl?expression=r%5B1%5D+=+60&x=0003)
The first car was traveling at 60mph and the second car was traveling at (60-5) = 55mph.