document.write( "Question 372105: Please assist me with the equation set for this word problem.\r
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document.write( "Mary invested one amount at 8% simple interest, and a second amount at 5% interest, earning $49.16 in one year. If she had switched the amounts, she would have earned $52.37. What were the two amounts? \n" );
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Algebra.Com's Answer #265089 by checkley79(3341) ![]() You can put this solution on YOUR website! .08x+.05y=49.16 \n" ); document.write( ".05x+.08y=52.37 \n" ); document.write( "Multiply the first equation by 5 & the second equation by -8 & add them. \n" ); document.write( ".40x+.25y=245.80 \n" ); document.write( "-.40x-.64y=-418.96 \n" ); document.write( "------------------- \n" ); document.write( "-.39y=-173.16 \n" ); document.write( "y=-173.16/-.39 \n" ); document.write( "y=$444 for one investment. \n" ); document.write( ".08x+.05*444=49.16 \n" ); document.write( ".08x+22,20=49.16 \n" ); document.write( ".08x=49.16-22.20 \n" ); document.write( ".08x=26.96 \n" ); document.write( "x=26.96/.08 \n" ); document.write( "x=$337 for the secomd investment. \n" ); document.write( "Proof: \n" ); document.write( ".05*337+.08*444=52.37 \n" ); document.write( "16.85+35.52=52.37 \n" ); document.write( "52.37=52.37 \n" ); document.write( " |