document.write( "Question 421446: Neomi invests $1000, part 4% interest and part 5% interest. How much does she invest at each interest rate if she makes a total of 42$ in interest between the two accounts? \n" ); document.write( "
Algebra.Com's Answer #294308 by mananth(16946)![]() ![]() You can put this solution on YOUR website! 4.00% per annum------------- x \n" ); document.write( "5.00% per annum------------ y \n" ); document.write( "total investment 1000 \n" ); document.write( "Interest----- $42.00 \n" ); document.write( ".... \n" ); document.write( "x+y1000 ------------------------1 \n" ); document.write( "4.00%x+5.00%y=$42.00 \n" ); document.write( "Multiply by 100 \n" ); document.write( "4x+5y=$4,200.00 --------2 \n" ); document.write( " \n" ); document.write( "Multiply (1) by -4 \n" ); document.write( "we get \n" ); document.write( " \n" ); document.write( "-4x-4y= -4000 \n" ); document.write( " \n" ); document.write( "Add this to (2) \n" ); document.write( " \n" ); document.write( "y=$200.00 at 5.00% \n" ); document.write( "Balance $800.00 investment at 4.00% \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |