document.write( "Question 406725: Phyllis invested $12,000, a portion earning a simple interest rate of 4 and 1/2% per year and the rest earning a rate of 4% per year. After one year the total interest earned on these investments was $525. How much money did she invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #286941 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 0.045x+0.04(12000-x)=525 \n" ); document.write( "0.045x+480-0.04x=525 \n" ); document.write( "0.005x=45 \n" ); document.write( "x=9000 at 4.5% \n" ); document.write( "12000-x=3000 at 4% \n" ); document.write( " |