document.write( "Question 360631: Mr. and Mrs. Wise put $6000 into three different investments paying 9.5%, 8.5% and 6.25%, respectively. The total simple annual cost at the end of 2 years was $970. The average of the amounts invested at 9.5% and 8.5% was equal to the amount invested at 6.25%. How much was invested at each rate?\r
\n" );
document.write( "\n" );
document.write( "I'm having trouble setting up the third equation (the one from \"The total simple annual cost at the end of 2 years was $970.)\r
\n" );
document.write( "\n" );
document.write( "I got:\r
\n" );
document.write( "\n" );
document.write( "x+y+z=6000\r
\n" );
document.write( "\n" );
document.write( "and \r
\n" );
document.write( "\n" );
document.write( "x+y-z=0\r
\n" );
document.write( "\n" );
document.write( "for the third one I got \r
\n" );
document.write( "\n" );
document.write( "19x+17y+12.5z=970
\n" );
document.write( "(I multiplied 9.5, 8.5, and 6.25 by 2)
\n" );
document.write( "but when I solved I got a negative number for x\r
\n" );
document.write( "\n" );
document.write( "what am I doing wrong? \n" );
document.write( "
Algebra.Com's Answer #257367 by Alan3354(69443) You can put this solution on YOUR website! Mr. and Mrs. Wise put $6000 into three different investments paying 9.5%, 8.5% and 6.25%, respectively. \n" ); document.write( "The total simple annual cost at the end of 2 years was $970. \n" ); document.write( "The average of the amounts invested at 9.5% and 8.5% was equal to the amount invested at 6.25%. How much was invested at each rate? \n" ); document.write( "I'm having trouble setting up the third equation (the one from \"The total simple annual cost at the end of 2 years was $970.) \n" ); document.write( "------------- \n" ); document.write( "I got: \n" ); document.write( "x+y+z=6000 \n" ); document.write( "and \n" ); document.write( "x+y-z=0 \n" ); document.write( "for the third one I got \n" ); document.write( "19x+17y+12.5z=970 \n" ); document.write( "(I multiplied 9.5, 8.5, and 6.25 by 2) \n" ); document.write( "but when I solved I got a negative number for x \n" ); document.write( "what am I doing wrong? \n" ); document.write( "------------------- \n" ); document.write( "x = amount at 9.5% \n" ); document.write( "y = amount at 8.5% \n" ); document.write( "z = amount at 6.25% \n" ); document.write( "x + y + z = 6000 \n" ); document.write( "0.19x + 0.17y + 0.125z = 970 \n" ); document.write( "---------- \n" ); document.write( "The average of the amounts invested at 9.5% and 8.5% was equal to the amount invested at 6.25%. \n" ); document.write( "(x+y)/2 = z \n" ); document.write( "------------ \n" ); document.write( "x + y + z = 6000 \n" ); document.write( "x + y -2z = 0 (This one is different) \n" ); document.write( "38x+34y+25z = 194000 \n" ); document.write( "---------- \n" ); document.write( "Sub for z \n" ); document.write( "-------- \n" ); document.write( "x + y + (x+y)/2 = 6000 \n" ); document.write( "3x + 3y = 12000 \n" ); document.write( "38x+34y+25(x+y)/2 = 194000 \n" ); document.write( "101x+93y = 388000 \n" ); document.write( "93x +93y = 372000 \n" ); document.write( "------------------ Subtract \n" ); document.write( "8x = 16000 \n" ); document.write( "x = 2000 \n" ); document.write( "---------- \n" ); document.write( "y = 2000 \n" ); document.write( "z = 2000 \n" ); document.write( " |