document.write( "Question 344980: Phyllis invested 64000 dollars, a portion earning a simple interest rate of 5 percent per year and the rest earning a rate of 6 percent per year. After one year the total interest earned on these investments was 3470 dollars. How much money did she invest at each rate? \r
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document.write( "At rate 5 percent :
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document.write( "At rate 6 percent :
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Algebra.Com's Answer #246824 by mananth(16946)![]() ![]() You can put this solution on YOUR website! total amount = 64000 \n" ); document.write( "let $ x be at 5% \n" ); document.write( "64000-x @ 6 % \n" ); document.write( ".. \n" ); document.write( "return earned = 3470 \n" ); document.write( "... \n" ); document.write( "0.05x+0.06(64000-x)=3470 \n" ); document.write( "0.05x+3840-0.06x=3470 \n" ); document.write( "-0.01x= -3840+3470 \n" ); document.write( "-0.01x=-370 \n" ); document.write( "/-0.01 \n" ); document.write( "x=-370/-0.01 \n" ); document.write( "x= 37000 amount invested @ 5% \n" ); document.write( "64000-37000= 27000 invested @ 6 % \n" ); document.write( " |