document.write( "Question 623057: Bob invested some money at 6% and $300 less at 8%. His total annual interest income is $116. How much did he invest at 6%? \n" ); document.write( "
Algebra.Com's Answer #391836 by nerdybill(7384)![]() ![]() You can put this solution on YOUR website! Bob invested some money at 6% and $300 less at 8%. His total annual interest income is $116. How much did he invest at 6%? \n" ); document.write( ". \n" ); document.write( "Let x = amount ($) invested at 6% \n" ); document.write( "then \n" ); document.write( "x-300 = amount invested at 8% \n" ); document.write( ". \n" ); document.write( ".06x + .08(x-300) = 116 \n" ); document.write( ".06x + .08x-24 = 116 \n" ); document.write( ".14x-24 = 116 \n" ); document.write( ".14x = 140 \n" ); document.write( "x = $1000 \n" ); document.write( " |