SOLUTION: Kindly Solve this Problem Please. Sorry There was no ISBN in this Book.... 1. A person invested $ 15,000. The greater part is invested at 8% and smaller part at 6%. The a

Question 85264: Kindly Solve this Problem Please.

Sorry There was no ISBN in this Book....

1. A person invested $ 15,000. The greater part is invested at 8% and smaller part at 6%. The annual income in the greater part is $ 200 more than the annual income of the smaller part. What is hte smaller part of the investment?
Answer by checkley75(3666) (Show Source): You can put this solution on YOUR website!
.08*X=.06(15000-X)+200
.08X=900-.06X+200
.08X+.06X=1100
.14X=1100
X=1100/.14
X=7857.14 INVESTED @ 8%.
15000-7857.14=7142.86 INVESTED @ 6%.
PROOF
.08*7857.14=.06*7142.86+200
628.57=428.57+200
628.57=628.57
RELATED QUESTIONS
Sorry the text book has no ISBN. Please solve this Problem. 1. There are 220... (answered by checkley75)

Sorry there's no ISBN in the text book. Kindly solve this problem? 1. Ann's age is... (answered by stanbon,JonathanM)

please help me i been working on this problem for 1 hour and i cant get the solution.... (answered by nerdybill)

Sorry there is no ISBN of this textook. "Will you solve this Word problem please" 1. (answered by ankor@dixie-net.com)

Sorry there is no ISBN of this textook. "Will you solve this Word problem please"... (answered by scianci)

Hi I'm having a hard time solving this word problem, I hope you could help me with this... (answered by ikleyn)

Please help! I am taking an online class there is no text book I can provide that has an... (answered by stanbon)

I was able to solve the problem correctly (I think) but I am at a loss for the rest. I... (answered by stanbon)

1. A person traveling 4 hr by plane and 25 hr by ship covers 1580 miles. If the speed of... (answered by ankor@dixie-net.com)