document.write( "Question 426853: A person invested $10,000. The greater part is invested at 6% and the remainder at 5%. The annual income from the greater part is $160 more than the annual income from the smaller part. What is the smaller part of the investement? \n" ); document.write( "
Algebra.Com's Answer #296934 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Part I 6.00% per annum------------- x \n" ); document.write( "Part II 5.00% per annum------------ y \n" ); document.write( "total investment 10000 \n" ); document.write( "Interest----- from greater part = 6.00%of x \n" ); document.write( "Interest from smaller part= 5.00% of y \n" ); document.write( "greater by $160 \n" ); document.write( "6.00%x= 5.00%y+160 \n" ); document.write( "multiply by 100 \n" ); document.write( "6x-5y= 16000 --------1 \n" ); document.write( "x+y=10000 -------- 2 \n" ); document.write( "eliminate y \n" ); document.write( "Multiply 1 by 1 \n" ); document.write( "Multiply 2 by 5 \n" ); document.write( "we get \n" ); document.write( "6x-5y=16000 \n" ); document.write( "5x-5y=50000 \n" ); document.write( "11x=66000 \n" ); document.write( "/11 \n" ); document.write( "x=6000 \n" ); document.write( "Plug the value of x in in 1 \n" ); document.write( "36000-5y=16000 \n" ); document.write( "-5y=16000-36000 \n" ); document.write( "-5y=-20000 \n" ); document.write( "/-5 \n" ); document.write( "y=4000 \n" ); document.write( "$6000 at 6.00% \n" ); document.write( "$4000 at 5.00% \n" ); document.write( " \n" ); document.write( " |