document.write( "Question 373948: Nestor invested 5000 pesos, part of it at 3% and the rest at 5% simple interest. If the total annual income from both of these investments amounted to 175 pesos, how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #266137 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Amount x pesos -------3% \n" ); document.write( "5000-x pesos ---------5% \n" ); document.write( ".. \n" ); document.write( "Interest = 175 pesos \n" ); document.write( "... \n" ); document.write( "INTEREST EQUATION \n" ); document.write( "0.03x+0.05(5000-x)=175 \n" ); document.write( "0.03x+250-0.05x=175 \n" ); document.write( "-0.02x = 175-250 \n" ); document.write( "-0.02x=-75 \n" ); document.write( "/-0.02 \n" ); document.write( "x=-75/-0.02 \n" ); document.write( "x= 3750 pesos @ 3 % \n" ); document.write( "balance @ 5% \n" ); document.write( "... \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " |