document.write( "Question 193525: One year ago Walt invested $12,000. He invested part of the money at 7% and the rest at 9%. He made a total of $970 in interest. How much was invested at 7%? \n" ); document.write( "
Algebra.Com's Answer #145263 by RAY100(1637)![]() ![]() ![]() You can put this solution on YOUR website! let x= amount invested at .07 \n" ); document.write( "let y = amount invested at .09\r \n" ); document.write( "\n" ); document.write( "x+y=$12,000,,,,or x=12000-y \n" ); document.write( "total made is 970=.07x+.09y \n" ); document.write( "subst \n" ); document.write( "970=.07(12000-y)+.09y \n" ); document.write( "970=840-.07y+.09y \n" ); document.write( "130=.02y \n" ); document.write( "y=6500 \n" ); document.write( "x=12000-6500=5500 \n" ); document.write( "check \n" ); document.write( ".07*5500+.09*6500 \n" ); document.write( "385+585=970,,,,ok \n" ); document.write( " |