document.write( "Question 5892: Suppose jodi invested $10,000 , part at 6% simple annual interest, and the rest at 9% simple annual interest. If you received $684 in simple interest after one year, how much did you invest at each rate?\r
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document.write( "My answer was:
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document.write( "$3999.60 at 6%
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document.write( "$5999.40 at 9%
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document.write( "Is this the right answer? please help me! \n" );
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Algebra.Com's Answer #3073 by Abbey(339)![]() ![]() ![]() You can put this solution on YOUR website! You can check your answer by multiplication: \n" ); document.write( ".06*3999.60 = 239.976 \n" ); document.write( ".09*5999.40 = 539.946 \n" ); document.write( "239.976+539.946 = 779.922 - not a correct answer because it should only total $684:\r \n" ); document.write( "\n" ); document.write( "Let x = the amount jodi invested at 6% \n" ); document.write( ".06x = the interest earned at 6% \n" ); document.write( "Let 10000-x = the amount invested at 9% ($10000-the amount invested at 6%=the amount invested at 9%) \n" ); document.write( ".08(10000-x)= the interest earned at 9% \n" ); document.write( "6% interest + 9% interest = $684 \n" ); document.write( ".06x+.09(10000-x)=684 \n" ); document.write( ".06x+900-.08x=684 \n" ); document.write( "-.03x=684-900 \n" ); document.write( "-.03x=-216 \n" ); document.write( "x=7200 \n" ); document.write( "amount invested at 6%=7200 \n" ); document.write( "amount invested at 9% = 2800 (10000-7200)\r \n" ); document.write( "\n" ); document.write( "check: \n" ); document.write( ".06*7200=$432 \n" ); document.write( ".09*2800 = $252 \n" ); document.write( "432+252=$684\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |