document.write( "Question 202705: Please help me solve this word problem:\r
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document.write( "Gustav invested all of his $3,000 savings: a part in annual rate of 6% and the rest at an annual rate of 9%. His annual income from both investments is equivalent to 8% of his total investment. How much is invested at 9%? \n" );
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Algebra.Com's Answer #152895 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! x= 6% investment \n" ); document.write( "3000-x=9% investment \n" ); document.write( ".06x+.09(3000-x)=.08(3000) \n" ); document.write( ".06x-.09x=240-270 \n" ); document.write( "-.03x=-30 \n" ); document.write( "x=$1000 \n" ); document.write( "3000-x=$2000 \n" ); document.write( " |