document.write( "Question 181359This question is from textbook Algebra and Trigonometry Structure and Method
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document.write( ": Lina Chen invested $24,000, part at 8% and the rest at 7.2%. How much did she invest at each rate if her income from the 8% investment is two thirds that of the 7.2%investment? \n" );
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Algebra.Com's Answer #135979 by Mathtut(3670)![]() ![]() ![]() You can put this solution on YOUR website! lets call the amounts invested at 8% and 7.2% x and y respectively \n" ); document.write( ": \n" ); document.write( "x+y=24000..............eq 1 \n" ); document.write( ".08x+.072y=(2/3)y......eq 2 \n" ); document.write( ": \n" ); document.write( "rewrite eq 1 to x=24000-y and plug that into eq 2 \n" ); document.write( ": \n" ); document.write( ".08(24000-y)+.072y=(2/3)y \n" ); document.write( ": \n" ); document.write( "1920-.08y+.072y=(2/3)y \n" ); document.write( ": \n" ); document.write( "1920-.008=(2/3)y \n" ); document.write( ": \n" ); document.write( "5760-.024y=2y........multiplied terms by 3 to eliminate fraction \n" ); document.write( ": \n" ); document.write( "5760=2.024y \n" ); document.write( ": \n" ); document.write( "$ \n" ); document.write( ": \n" ); document.write( "$ |