document.write( "Question 148933: Walt made an extra $9000 last year from a part-time job. he invested part of the money at 9% and the rest at 8%. he made a total of $770 in interest. How much was invested at 8%? \n" ); document.write( "
Algebra.Com's Answer #109265 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Walt made an extra $9000 last year from a part-time job. he invested part of the money at 9% and the rest at 8%. he made a total of $770 in interest. How much was invested at 8%? \n" ); document.write( "-------------------------- \n" ); document.write( "Quantity Equation: x + y = 9000 \n" ); document.write( "Interest Equation: 0.09x + 0.08y = 770 \n" ); document.write( "-------------------------------------------- \n" ); document.write( "Modify the equations \n" ); document.write( "9x + 9y = 81000 \n" ); document.write( "9x + 8y = 77000 \n" ); document.write( "------------------- \n" ); document.write( "Subtract 2nd from 1st to get: \n" ); document.write( "y = 4000 (Amt. invested at 8%) \n" ); document.write( "Since x+y = 9000, x = 5000 (Amt. invested at 9%) \n" ); document.write( "======================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============================= \n" ); document.write( " |