document.write( "Question 186685This question is from textbook introuctory algebra
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document.write( ": im having difficulty with this problem.Please help me.
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document.write( "Mari Lopez has twice as much money invested at 5% simple annual interest as she does at 4%.if her yearly income from these two investments is$350,how muc does she have invested at each rate. \n" );
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Algebra.Com's Answer #139952 by uday1435(57)![]() ![]() You can put this solution on YOUR website! Suppose she invested an amount P at 4%, she had invested 2P (ie twice) at 4% \n" ); document.write( "Her returns from both is (4/100)P + (5/100)2P = (4P/100) + (10P/100) \n" ); document.write( "=14P/100 which is $350 \n" ); document.write( "So we can equate this as \n" ); document.write( "14P/100 =350 ; so P = 35000/14 = $2500 \n" ); document.write( "She invested $2500 at 4% \n" ); document.write( "And she invested 2P that is $5000 at 5% \n" ); document.write( "Hope the steps are clear. \n" ); document.write( "For further clarifications you may write to me at :udayakumar.t.r@gmail.com \n" ); document.write( " \n" ); document.write( " |