document.write( "Question 5160: Robert inherited $4000 from his grandmother. Part was invested at 5% while the rest was invested at 6 1/2%. The interest for a year was $227. How much was invested at 6 1/2 percent. \r
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document.write( "My book says the answer is $1,800. I have tried and tried, yet my answer is far from their answer. Please help me. \n" );
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Algebra.Com's Answer #2624 by guapa(62)![]() ![]() ![]() You can put this solution on YOUR website! Let x represent the amount invested at 6 1/2%. Then 4000-x represents the amount invested at 5%. \n" ); document.write( "So, as a guideline you can use the following: \n" ); document.write( "Interest earned from 6 1/2% + Interest earned from 5% = Total interest earned \n" ); document.write( "6 1/2%(x)+ 5%(4000-x) = 227 \n" ); document.write( "First express the % in decimals: 6 1/2% = 0.065, 5%= 0.05 \n" ); document.write( "Now we can set up the following equation:\r \n" ); document.write( "\n" ); document.write( "0.065(x) + 0.05(4000-x)= 227 \n" ); document.write( "0.065x + 200 - 0.05x = 227 \n" ); document.write( "0.015x = 227 \n" ); document.write( "x = 1800 \n" ); document.write( "The amount investest at 6 1/2% is $1800. \n" ); document.write( "You can check it by using the simple interest formula: \n" ); document.write( "i=Prt \n" ); document.write( "i= 1800*0.065 = 117 \n" ); document.write( "i= 2200*0.05 = 110 \n" ); document.write( "117+110 = 227 \n" ); document.write( "Hope it helps \n" ); document.write( " |