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
\n" ); document.write( "\n" ); document.write( "The amount invested at 7% is $_____
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Algebra.Com's Answer #149539 by jim_thompson5910(35256)\"\" \"About 
You can put this solution on YOUR website!
Let x=Amount he invested at 7% and y=Amount he invested at 4%\r
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\n" ); document.write( "\n" ); document.write( "Since he has a total of $10,000, this means that \"x%2By=10000\"\r
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\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 \"0.07x%2B0.04y=640\"\r
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\n" ); document.write( "\n" ); document.write( "\"7x%2B4y=64000\" Multiply both sides by 100 to make every number whole.\r
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\n" ); document.write( "\n" ); document.write( "So we have the system of equations:\r
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\n" ); document.write( "\n" ); document.write( "\"system%28x%2By=10000%2C7x%2B4y=64000%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"-7%28x%2By%29=-7%2810000%29\" Multiply the both sides of the first equation by -7.\r
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\n" ); document.write( "\n" ); document.write( "\"-7x-7y=-70000\" Distribute and multiply.\r
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\n" ); document.write( "\n" ); document.write( "So we have the new system of equations:\r
\n" ); document.write( "\n" ); document.write( "\"system%28-7x-7y=-70000%2C7x%2B4y=64000%29\"\r
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\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
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\n" ); document.write( "\n" ); document.write( "\"%28-7x-7y%29%2B%287x%2B4y%29=%28-70000%29%2B%2864000%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"%28-7x%2B7x%29%2B%28-7y%2B4y%29=-70000%2B64000\" Group like terms.\r
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\n" ); document.write( "\n" ); document.write( "\"0x%2B-3y=-6000\" Combine like terms.\r
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\n" ); document.write( "\n" ); document.write( "\"-3y=-6000\" Simplify.\r
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\n" ); document.write( "\n" ); document.write( "\"y=%28-6000%29%2F%28-3%29\" Divide both sides by \"-3\" to isolate \"y\".\r
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\n" ); document.write( "\n" ); document.write( "\"y=2000\" Reduce.\r
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\n" ); document.write( "\n" ); document.write( "\"-7x-7y=-70000\" Now go back to the first equation.\r
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\n" ); document.write( "\n" ); document.write( "\"-7x-7%282000%29=-70000\" Plug in \"y=2000\".\r
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\n" ); document.write( "\n" ); document.write( "\"-7x-14000=-70000\" Multiply.\r
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\n" ); document.write( "\n" ); document.write( "\"-7x=-70000%2B14000\" Add \"14000\" to both sides.\r
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\n" ); document.write( "\n" ); document.write( "\"-7x=-56000\" Combine like terms on the right side.\r
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\n" ); document.write( "\n" ); document.write( "\"x=%28-56000%29%2F%28-7%29\" Divide both sides by \"-7\" to isolate \"x\".\r
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\n" ); document.write( "\n" ); document.write( "\"x=8000\" Reduce.\r
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\n" ); document.write( "\n" ); document.write( "So the solutions are \"x=8000\" and \"y=2000\".\r
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\n" ); document.write( "\n" ); document.write( "This means that he invested $8,000 at 7% and $2,000 at 4%
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