document.write( "Question 32257: Mr. Rahami invested $15,000, a part at 8% and the rest at 11%. If his yearly income from these investments is $1335, how muchdid he invest at each rate ( assuming simple interest)? \n" ); document.write( "

Algebra.Com's Answer #18788 by ikdeep(226) $\"\"$ $\"About$

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let money invested in one part = $ x \r
\n" ); document.write( "\n" ); document.write( "and let money invested on other part = $y\r
\n" ); document.write( "\n" ); document.write( "according to the first condition i.e. Mr. Rahami invested $15,000,,we get the equation....\r
\n" ); document.write( "\n" ); document.write( "x + y = $15,000.........(1)\r
\n" ); document.write( "\n" ); document.write( "according to the second condition i.e. a part at 8% and the rest at 11%. If his yearly income from these investments is $1335,,we get the equation....\r
\n" ); document.write( "\n" ); document.write( "(8% of x) + (11% of y) = $1335\r
\n" ); document.write( "\n" ); document.write( "or 0.08x + 0.11y = 1335............(2)\r
\n" ); document.write( "\n" ); document.write( "now solve equation (1) and (2) ny elimination method ,,and you will get the answer....\r
\n" ); document.write( "\n" ); document.write( "Still if you are unable to solve further, contact me again. \r
\n" ); document.write( "\n" ); document.write( "hope this will help you \r
\n" ); document.write( "\n" ); document.write( "Please feel free to revert back for any further queries.\r
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