document.write( "Question 525995: A person invests $50,000 for one year; some is invested at 7%, some at 8%, and the remainder at 12%. The combined interest earned at the end of the year from these investments was $4,770. the amount invested at 8% is $4000 more then the amount invested at 7% and 12% combined. find the amount of money invested at each rate \n" ); document.write( "
Algebra.Com's Answer #348289 by mananth(16946) You can put this solution on YOUR website! 7%--------------x \n" ); document.write( "8%--------------(x+y+4000) \n" ); document.write( "12%-------------y\r \n" ); document.write( "\n" ); document.write( "x+x+y+4000+y= 50000 \n" ); document.write( "2x+2y+4000=50000 \n" ); document.write( "2x+2y=46000 \n" ); document.write( "/2 \n" ); document.write( "x+y=23000..............(1)\r \n" ); document.write( "\n" ); document.write( "7x+8(x+y+4000)+12y= 4770 *100 ( the % is converted by multiplying by 100)\r \n" ); document.write( "\n" ); document.write( "7x+8x+8y+32000+12y=477000 \n" ); document.write( "15x+20y=477000-32000 \n" ); document.write( "15x+20y=445000 \n" ); document.write( "/5 \n" ); document.write( "3x+4y=89000................(2)\r \n" ); document.write( "\n" ); document.write( "1 x + 1 y = 23000 .............1 \n" ); document.write( "3 x + 4 y = 89000 .............2 \n" ); document.write( "Eliminate y \n" ); document.write( "multiply (1)by -4 \n" ); document.write( "Multiply (2) by 1 \n" ); document.write( "-4 x -4 y = -92000 \n" ); document.write( "3 x 4 y = 89000 \n" ); document.write( "Add the two equations \n" ); document.write( "-1 x = -3000 \n" ); document.write( "/ -1 \n" ); document.write( "x = 3,000.00 \n" ); document.write( "plug value of x in (1) \n" ); document.write( "1 x + 1 y = 23000 \n" ); document.write( "3000 + 1 y = 23000 \n" ); document.write( " 1 y = 23000 -3000 \n" ); document.write( " \n" ); document.write( "7%--------------x= $3,000 \n" ); document.write( "8%--------------(x+y+4000)= $27000 \n" ); document.write( "12%-------------y= 20000\r \n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |