document.write( "Question 387131: An investor has $7500 invested at one rate and $6200 invested at a different rate. If the second investment is at a rate 2% lower than the first, find the rate for each investment if his annual interest is $698.\r
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document.write( "This is what I have so far: \r
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document.write( " 7500x + 6200 x (x-.02) x 1 = $698\r
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Algebra.Com's Answer #274122 by robertb(5830) You can put this solution on YOUR website! 7500x + 6200(x-.02)= 698 ; \n" ); document.write( "7500x + 6200x - 124 = 698; \n" ); document.write( "13,700x = 822; \n" ); document.write( "x = 0.06, and x - 0.02 = 0.04. \n" ); document.write( " |