SOLUTION: can someone solve this word problem thank you An actor invests some money at 5%, and $32000 more than twice the amount the amt at 9%. The total annual interest earned from the i

Question 883465: can someone solve this word problem thank you
An actor invests some money at 5%, and $32000 more than twice the amount the amt at 9%. The total annual interest earned from the investment is 24960. How much did he invest at each amount?use the six step method

Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
An actor invests some money at 5%,--------------x
amount at 9% --------= 2x+32000
5%x+(32000+2x)*9%=24960
multiply by 100
5x+(32000+2x)*9 = 2496000
5x+18x+288000=2496000
23x= 2496000-288000
23x=2208000
x=96000-----------------at5%
96000+32000= 128000-----------at 9%
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