document.write( "Question 38954: One sum is invested at 5% and three times as much at 8%. The total annual interest is $580. How large is each sum?
\n" ); document.write( "(this is not from a text) I have a problem with both answers.
\n" ); document.write( "Please help, Thank You.
\n" ); document.write( "

Algebra.Com's Answer #24399 by fractalier(6550)\"\" \"About 
You can put this solution on YOUR website!
Let x be the amount invested at 5%.
\n" ); document.write( "Thus 3x was invested at 8%.
\n" ); document.write( "The total interest is $580.
\n" ); document.write( "Here's the setup:
\n" ); document.write( "(.05)x + (.08)(3x) = 580
\n" ); document.write( "multiply by 100 to clear decimals
\n" ); document.write( "5x + 24x = 58000
\n" ); document.write( "29x = 58000
\n" ); document.write( "x = $2000 at 5%
\n" ); document.write( "3x = $6000 at 8%
\n" ); document.write( "
\n" );