document.write( "Question 199077: Larry Mitchell investged part of his $10,000 advance at 7% annual simple interest and the rest at 4% annual simple interest. If his total yearly interest from both acccounts was $640, find the amount invested at each rate.\r
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document.write( "The amount invested at 7% is $_____
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document.write( "The anount invested at 4% is $_____ \n" );
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Algebra.Com's Answer #149539 by jim_thompson5910(35256) ![]() You can put this solution on YOUR website! Let x=Amount he invested at 7% and y=Amount he invested at 4%\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since he has a total of $10,000, this means that \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, since he invested some at 7% and the rest at 4%, and received $640, 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 the solutions are \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This means that he invested $8,000 at 7% and $2,000 at 4% \n" ); document.write( " \n" ); document.write( " |