document.write( "Question 164504: You invested $6000 at 4.5% and 5.5% simple interest. During the first year, the two accounts earned $305. How much did you invest in each fund? (note: the 5.5% account is more risky.)\r
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document.write( "Word problems aren't usually that difficult, but for whatever reason, this one has confused me. I don't know why...I think it's hard for me to keep track of as it progresses. Could you please help me? Thanks so much! \n" );
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Algebra.Com's Answer #121244 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .055x+.045(6,000-x)=305 \n" ); document.write( ".055x+270-.045x=305 \n" ); document.write( ".-1x=305-270 \n" ); document.write( ".01x=35 \n" ); document.write( "x=35/.01 \n" ); document.write( "x=$3,500 is the amount invested @ 5.5% \n" ); document.write( "6,000-3,500=$2,500 is the amount invested @ 4.5% \n" ); document.write( "Proof: \n" ); document.write( ".055*3,500+.045*2,500=305 \n" ); document.write( "192.50+112.50=305 \n" ); document.write( "305=306 \n" ); document.write( " |