document.write( "Question 339784: Me. Rich invested $200,000, part at 8% and the rest at 20%. His annual income from the investments was $22,000. How much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #243464 by mananth(16946)![]() ![]() You can put this solution on YOUR website! let him invest $x at 8% \n" ); document.write( "$200000-x he will invest at20% \n" ); document.write( ".. \n" ); document.write( "interest earned = $22000 \n" ); document.write( ".. \n" ); document.write( "0.08x+0.2(200000-x)=22000 \n" ); document.write( "0.08x+40000-0.2x=22000 \n" ); document.write( "-0.12x=-40000+22000 \n" ); document.write( "-0.12x=-18000 \n" ); document.write( "x= -18000/0.12 \n" ); document.write( "x= $150,000 at8% \n" ); document.write( "$ 50,000 at 20% \n" ); document.write( " |