document.write( "Question 487208: I need help with an investment problem: Tom made an extra $5000 last year from a part-time job. He invested part of the money at 6% and the rest at 8%. He made a total of $380 in interest. How much was invested at 8%? \n" ); document.write( "
Algebra.Com's Answer #333913 by ej_03(8) You can put this solution on YOUR website! let x=6% \n" ); document.write( " y=8%\r \n" ); document.write( "\n" ); document.write( "eq1 x+y=5000 \n" ); document.write( " y=5000-x \n" ); document.write( "eq2 .06x+.08y=380\r \n" ); document.write( "\n" ); document.write( "perform the indicated operations in the equation: \n" ); document.write( " .06x+.08(5000-x)=380 \n" ); document.write( " .06x+400-.08x=380 \n" ); document.write( " .06x-.08x=380-400 \n" ); document.write( " .02x/.02x=20/.02 \n" ); document.write( " x=1000\r \n" ); document.write( "\n" ); document.write( " y=5000-1000=4000\r \n" ); document.write( "\n" ); document.write( "therefore tom invested $4000 at 8%... thank you..\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |