document.write( "Question 401436: If $3000 is invested at 6% annual simple interest, how much should be invested at 9% annual simple interest so that the total yearly income from both investments is $585? \n" ); document.write( "
Algebra.Com's Answer #284534 by sofiyac(983)![]() ![]() You can put this solution on YOUR website! I=prt but you have two different amounts and percents so \n" ); document.write( "I=p1r1t1+p2r2t2 both t's are 1, since it's just 1 year \n" ); document.write( "585=3000*0.06*1+x*0.09*1 \n" ); document.write( "585=180+0.09x subtract 180 from each side \n" ); document.write( "585-180=0.09x \n" ); document.write( "405=0.09x divide each side by 0.09 \n" ); document.write( "4500=x \n" ); document.write( " \n" ); document.write( " |