document.write( "Question 198745: One year ago Walt invested $12000. 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%?\r
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document.write( "I do not know where to place what number in the formula equation
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document.write( "ax2 + bx + c = 0 \n" );
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Algebra.Com's Answer #149247 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! Note: you do NOT use the quadratic formula here...\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let x=Amount he invested at 7% and y=Amount he invested at 9%\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since he has a total of $12,000, this means that \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, since he invested some at 7% and the rest at 9%, and received $970, this tells us 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( "So we have the system of equations:\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 we have the new system of equations:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now add the equations together. You can do this by simply adding the two left sides and the two right sides separately like this:\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( " \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( "------------------------------------------------------------------\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( " \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 our answers are \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This means that he invested $5,500 at 7% and $6,500 at 9% \n" ); document.write( " \n" ); document.write( " |