document.write( "Question 471001: Sam won $30,000, after taxes, on a vacation to Las Vegas. He invested 5% simple interest and the rest at 3% simple interest. At the end of one year he had earned $1340.00 in interest. How much did he invest in each amount? \n" ); document.write( "
Algebra.Com's Answer #323062 by jorel1380(3719) You can put this solution on YOUR website! .05m+.03(30000-m)=1340 \n" ); document.write( "5m+3(30000-m)=134000 \n" ); document.write( "5m+90000-3m=134000 \n" ); document.write( "2m=44000 \n" ); document.write( "m=22000 \n" ); document.write( "Sam invested $22000 at 5% and $8000 at 3%.. \n" ); document.write( " |