document.write( "Question 40468: IF 14000 is invested at 10% simple annual interest, how much should be invested at 12% annual simple interest so that the total yearly income from both investments is 5000? \n" ); document.write( "
Algebra.Com's Answer #25889 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! I = PRT = 14000 * 0.1 * 1 = 1400 \n" ); document.write( "5000 - 1400 = 3600 \n" ); document.write( "so .... \n" ); document.write( "3600 = P * 0.12 * 1 \n" ); document.write( "3600/0.12 = P \n" ); document.write( "Your principle should be $30,000.00 \n" ); document.write( " |