document.write( "Question 519279: Marco invests his summer earnings of $2440. He invests part of the money at 8% per year and the rest at 7.5% per year. After one year these investments earned $193 in simple interest. How much did Marco invest at each rate? \r
\n" ); document.write( "\n" ); document.write( "My solution also has to have \"let\" statements.
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Algebra.Com's Answer #345490 by mananth(16946)\"\" \"About 
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Investment I 8.00% per annum ---x
\n" ); document.write( "Investment II 7.50% per annum ---y
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\n" ); document.write( "x + y= 2440 ------------------------1
\n" ); document.write( "8.00% x + 7.50% y= = $193.00
\n" ); document.write( "Multiply by 100
\n" ); document.write( "8 x + 7.5 y= = $19,300.00 --------2
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\n" ); document.write( "Multiply (1) by -8
\n" ); document.write( "we get
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\n" ); document.write( "-8 x -8 y= = -19520.00
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\n" ); document.write( "Add this to (2)
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\n" ); document.write( "-0.5y= =-$220.00
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\n" ); document.write( "divide by -0.5
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\n" ); document.write( "y =$440.00 investment at 7.50%
\n" ); document.write( "Balance $2,000.00 investment at 8.00%
\n" ); document.write( "CHECK
\n" ); document.write( "$2,000.00 --------- 8.00% ------- $160.00
\n" ); document.write( "$440.00 ------- 7.50% ------- $33.00
\n" ); document.write( "Total -------------- $193.00 \r
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\n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca
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