document.write( "Question 316179: two investments in companies total $2000. If one investment earns 3% annually and the other earns 2% annually. Find the amount invested in each, if the total interest earned in $54. \n" ); document.write( "
Algebra.Com's Answer #226142 by mananth(16946)![]() ![]() You can put this solution on YOUR website! let $ x be invested at 3 % \n" ); document.write( "2000-x will be invested at 2% \n" ); document.write( ".. \n" ); document.write( "interest equation \n" ); document.write( "0.03x+0.02(2000-x)= 54 \n" ); document.write( "0.03x+40-0.02x=54 \n" ); document.write( "0.01x= 14 \n" ); document.write( "x=14/0.01 \n" ); document.write( "x= 1400 invested at2% \n" ); document.write( "balance 600 at 2% \n" ); document.write( " \n" ); document.write( " |