SOLUTION: A person invested $10,000. The greater part is invested at 6% and the remainder at 5%. The annual income from the greater part is $160 more than the annual income from the smalle

Question 323670: A person invested $10,000. The greater part is invested at 6% and the remainder at 5%. The annual income from the greater part is $160 more than the annual income from the smaller part. What is the smaller part of the investment?
Answer by JBarnum(2146) (Show Source): You can put this solution on YOUR website!
greater and smaller
g+s=10000 ; s=10000-g
.06g=(160+.05s)

.06g=(160+.05(10000-g))
.06g=(160+(500-.05g))
.11g=(660)
g=6000
s=4000

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