document.write( "Question 476289: How can $3,960 be invested, part of it at 4% and the remainder at 5%, so that the two investments will produce the same amount of interest? \n" ); document.write( "
Algebra.Com's Answer #326574 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! How can $3,960 be invested, part of it at 4% and the remainder at 5%, so that the two investments will produce the same amount of interest? \n" ); document.write( "------------------- \n" ); document.write( "Equation: \n" ); document.write( "0.04x - 0.05(3960-x) = 0 \n" ); document.write( "---- \n" ); document.write( "4x - 5(3960-x) \n" ); document.write( "--- \n" ); document.write( "4x -5*3960 + 5x = 0 \n" ); document.write( "9x = 5*3960 \n" ); document.write( "x = $2200 (amt. to invest at 4%) \n" ); document.write( "----------- \n" ); document.write( "3960 - x = 3960-2200 = $1760 (amt. to invest at 5%) \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============ \n" ); document.write( " |