document.write( "Question 358362: debra invested $18000.Part of it was invested at 3% annual simple interest, and the rest was invested at 4%. Her interest income for the first year was $650.How much did she invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #255747 by mananth(16946)![]() ![]() You can put this solution on YOUR website! debra invested $18000.Part of it was invested at 3% annual simple interest, and the rest was invested at 4%. Her interest income for the first year was $650.How much did she invest at each rate? \n" ); document.write( "... \n" ); document.write( "$x @ 3% \n" ); document.write( "18000-x@4% \n" ); document.write( "Interest = 650 \n" ); document.write( "... \n" ); document.write( "3x+4(18000-x)=65000 \n" ); document.write( "3x+72000-4x=65000 \n" ); document.write( "-x=-7000 \n" ); document.write( "x= $7000 @ 3% \n" ); document.write( "balance $11000 @4% \n" ); document.write( "... \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " |