document.write( "Question 243625: The Leos invested part of $12,000 at 4% simple interest per year and the rest at 6% simple interest per year. The total interest for one year was at most $640. Find the least amount that could have been invested at 4%. \n" ); document.write( "
Algebra.Com's Answer #178498 by checkley77(12844) ![]() You can put this solution on YOUR website! .06x+.04(12,000-x)<=640 \n" ); document.write( ".06x+480-.04x<=640 \n" ); document.write( ".02x<=640-480 \n" ); document.write( ".02x<=160 \n" ); document.write( "x<=160/.02 \n" ); document.write( "x=$8,000 amount invested @ 6%. \n" ); document.write( "12,000-8,000=$4,000 amount invested @ 4% \n" ); document.write( "Proof: \n" ); document.write( ".06*8,000+.04*4,000<=640 \n" ); document.write( "480+160<=640 \n" ); document.write( "640<=640 \n" ); document.write( " |