document.write( "Question 416308: You have $20.000 to invest. you invest part at 6% and the rest at 9%. your return on your investment is $14000 at the end of the year. how mush did you invest at each amount? \n" ); document.write( "
Algebra.Com's Answer #291684 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You have $20.000 to invest. you invest part at 6% and the rest at 9%. your return on your investment is $14000 at the end of the year. how mush did you invest at each amount? \n" ); document.write( "----- \n" ); document.write( "Equations: \n" ); document.write( "Quantity: x + y = 20,000 \n" ); document.write( "Interest0.06x+0.09y = 14000 \n" ); document.write( "---------------------------------- \n" ); document.write( "Multiply thru 1st by 6 \n" ); document.write( "Multiply thru 2nd by 100 \n" ); document.write( "---------------------------------- \n" ); document.write( "6x + 6y = 6*20000 \n" ); document.write( "6x + 9y = 1400000 \n" ); document.write( "--------------------------- \n" ); document.write( "Subtract and solve for \"y\": \n" ); document.write( "3y = 20000 \n" ); document.write( "y = $6,666.66 (amt. invested at 6%) \n" ); document.write( "--- \n" ); document.write( "Solve for \"x\": \n" ); document.write( "x + y = 20,000 \n" ); document.write( "y = 13,333.34 (amt. invested at 9%\r \n" ); document.write( "\n" ); document.write( "====================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "========== \n" ); document.write( " |