document.write( "Question 484699: A man invested $2000, part at 8% and part at 6%.He earned $144 from his investments. How much did he invest at 8%? \n" ); document.write( "
Algebra.Com's Answer #331599 by stanbon(75887) ![]() You can put this solution on YOUR website! A man invested $2000, part at 8% and part at 6%.He earned $144 from his investments. How much did he invest at 8%? \n" ); document.write( "----- \n" ); document.write( "Quantity Equation: e + s = 2000 \n" ); document.write( "Interest Equation:0.08e + 0.06s = 144 \n" ); document.write( "------------------------- \n" ); document.write( "Multiply thru the Quantity Equation by 6 \n" ); document.write( "Multiply thru the Interest Equation by 100 \n" ); document.write( "------------------------- \n" ); document.write( "6e + 6s = 6*2000 \n" ); document.write( "8e + 6s = 100*144 \n" ); document.write( "------------------------- \n" ); document.write( "Subtract and solve for \"e\": \n" ); document.write( "2e = 2400 \n" ); document.write( "e = $1200 (amt. invested at 8%) \n" ); document.write( "============== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============== \n" ); document.write( " |