document.write( "Question 472240: Moa invested $80000,part at 4% and the rest at 2%.Find the amount invested at each rate if the annual income from the two investmets is $2500. \n" ); document.write( "
Algebra.Com's Answer #323813 by mananth(16946)![]() ![]() You can put this solution on YOUR website! x+y80000 ------------------------1 \n" ); document.write( "4.00%x+ 2.00%y=$2,500.00 \n" ); document.write( "Multiply by 100 \n" ); document.write( "4x+2y= $250,000.00 --------2 \n" ); document.write( " \n" ); document.write( "Multiply (1) by -4 \n" ); document.write( "we get \n" ); document.write( " \n" ); document.write( "-4x-4y= -320000.00 \n" ); document.write( " \n" ); document.write( "Add this to (2) \n" ); document.write( " \n" ); document.write( "-2y= -$70,000.00 \n" ); document.write( " \n" ); document.write( "divide by -2 \n" ); document.write( " \n" ); document.write( "y=$35,000.00 investment at 2.00% \n" ); document.write( "Balance $45,000.00 investment at 4.00%\r \n" ); document.write( "\n" ); document.write( "CHECK Interest \n" ); document.write( "$45,000.00 $1,800.00 \n" ); document.write( "$35,000.00 $700.00 \n" ); document.write( "Total $2,500.00 \n" ); document.write( " \n" ); document.write( " |