document.write( "Question 367143: I have no idea where to start on this word problem: \r
\n" ); document.write( "\n" ); document.write( "COPORATE INVESTMENTS: The financial board of a corporation invested $25,000 overseas, part at 4% and part at 7% annual interest. Find the amount invested at each rate if the first year combined income from the two investments was $1,300. \n" ); document.write( "

Algebra.Com's Answer #261759 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi,
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document.write( "Start all word problems like these by assigning a variable 
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document.write( "for ex: Let x represent the amount invested at 7%, 
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document.write( "then ($25,000 - x) would the smount invested at 4%
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document.write( "question states:
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document.write( ".04($25,000-x) + .07x = $1300
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document.write( ".03x + $1000 = $1300
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document.write( ".03x = $300
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document.write( "x = $10,000, amount invested at 7%.  $15,000 invested at 4%  ($25,000-$10,000)
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document.write( "checking our answer
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document.write( ".04*$15,000 + .07*$10,000 = $600 + $700 = $1300 \n" );
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