document.write( "Question 21050: This is from my 8th grade honors algebra... \r
\n" ); document.write( "\n" ); document.write( "Tori invested $24,000 , part at 8% and the rest at 7.2%. How much did she invest at each rate if her income from the 8% investment is two-thirds of that of the 7.2% investment?\r
\n" ); document.write( "\n" ); document.write( " I've made a chart...\r
\n" ); document.write( "\n" ); document.write( " Amount invested x rate = interest income\r
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\n" ); document.write( "\n" ); document.write( " X x 0.08 = 0.08X = y
\n" ); document.write( " ($24,000-X) x 0.072 = 0.072($24,000-X) = 2/3y\r
\n" ); document.write( "\n" ); document.write( "Then I'm totally stuck, we haven't solved with 2 unknowns yet!
\n" ); document.write( "

Algebra.Com's Answer #10137 by Earlsdon(6294)\"\" \"About 
You can put this solution on YOUR website!
Try this:
\n" ); document.write( "Let x = the amount invested at 8% (0.08).
\n" ); document.write( "The interest on this amount is written as: 0.08x
\n" ); document.write( "Let (24000 - x) = the amount invested at 7.2% (0.072).
\n" ); document.write( "The interest on this amount is written as: 0.072(24000 - x)\r
\n" ); document.write( "\n" ); document.write( "The interest on the 8% part is 2/3 the interest on the 7.2% part.
\n" ); document.write( "So, you can say: \"0.08x+=+0.072%2824000-x%29%282%2F3%29\"\r
\n" ); document.write( "\n" ); document.write( "Now you can write the equation to solve this problem:\r
\n" ); document.write( "\n" ); document.write( "\"0.08x+%2B+0.072%2824000+-+x%29+=+0.072%2824000+-+x%29+%2B+0.072%2824000+-+x%29%282%2F3%29\" Simplify.
\n" ); document.write( "\"0.08x+%2B+1728+-+0.072x+=+0.072%2824000+-+x%29%285%2F3%29\"
\n" ); document.write( "\"0.008x+%2B+1728+=+%285%2F3%29%281728+-+0.072x%29\"
\n" ); document.write( "\"0.008x+%2B+1728+=+2880+-+0.12x\" Add 0.12x to both sides.
\n" ); document.write( "\"0.128x+%2B+1728+=+2880\" Subtract 1728 from both sides.
\n" ); document.write( "\"0.128x+=+1152\" Finally, divide both sides by 0.128
\n" ); document.write( "\"x+=+9000\"\r
\n" ); document.write( "\n" ); document.write( "So, $9,000.00 was invested at 8% and ($24,000.00 - $9,000.00 = $15,000.00) was invested at 7.2%\r
\n" ); document.write( "\n" ); document.write( "Check:\r
\n" ); document.write( "\n" ); document.write( "0.08($9,000.00) = $720.00 The interest on the amount invested at 8%
\n" ); document.write( "0.072($15,000.00) = $1,080.00 The interest on the amount invested at 7.2%.\r
\n" ); document.write( "\n" ); document.write( "\"%282%2F3%29%281080%29+=+720\" Checks ok.\r
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