document.write( "Question 189687: How can $6300 be invested, one part at 4% p.a. and the remainder at 5% p.a., so that the simple interest will be the same on each investment?\r
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Algebra.Com's Answer #142333 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! Let \r \n" ); document.write( "\n" ); document.write( "x = amount invested at 4%\r \n" ); document.write( "\n" ); document.write( "y = amount invested at 5%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since $6,300 is invested, this means that \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, because we want the simple interest in both investments to be equal, this means that \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So $3,500 needs to be invested at 4%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "------------------------------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So $2,800 is needed to be invested at 5%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |