document.write( "Question 636217: System of linear equations word problem. Help please!\r
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document.write( "An Investment of 54,000 was made by a club. It was split into three parts lasting only year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from investments was $4260. The interest from the first was 6 times from the second. Find the amounts of the three parts of the investments.
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Algebra.Com's Answer #400856 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "System of linear equations word problem. Help please!\r \n" ); document.write( "\n" ); document.write( "An Investment of 54,000 was made by a club. It was split into three parts lasting only year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from investments was $4260. The interest from the first was 6 times from the second. Find the amounts of the three parts of the investments.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let the amounts invested at 8%, 6%, and 9% be E, S, and N, respectively \n" ); document.write( "Forming equations based on info provided, we have: \n" ); document.write( "E + S + N = 54,000 ------ eq (i)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".08E + .06S + .09N = 4,260 \n" ); document.write( "8E + 6S + 9N = 426,000 ---- Multiplying by 100 ------ eq (ii)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".08E = 6(.06S) ----- .08E = .36S \n" ); document.write( "8E = 36S ---- Multiplying by 100 ------ eq (iii)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "36S + 6S + 9N = 426,000 ------ Substituting 36S for 8E in eq (ii) \n" ); document.write( "42S + 9N = 426,000 ------ eq (iv) \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " 8E 8S 8N = - 432,000 ----- Multiplying eq (i) by 8 ----- eq (v) \n" ); document.write( "8E + 6S + 9N = 426,000 ----- eq (ii) \n" ); document.write( " 2S + N = - 6,000 ----- Adding eqs (v) & (ii) ----- eq (vi)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "42S + 9N = 426,000 ----- eq (iv) \n" ); document.write( "18S 9N = 54,000 ------- Multiplying eq (vi) by 9 ----- eq (vii) \n" ); document.write( "60S = 480,000 ------ Adding eqs (iv) & (vii) \n" ); document.write( "S, or amount invested at 6% = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "8E = 36(8,000) ----- Substituting 8,000 for S in eq (iii) \n" ); document.write( "8E = 288,000 \n" ); document.write( "E, or amount invested at 8% = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "36,000 + 8,000 + N = 54,000 ----- Substituting 8,000 for S, and 36,000 for E in eq (i) \n" ); document.write( "44,000 + N = 54,000 \n" ); document.write( "N, or amount invested at 9% = 54,000 44,000, or $ \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Im sure you can do your own check!!\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If you know and are more comfortable with matrices, you could also determine the three unknown amounts using this method. \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Send comments and thank-yous to D at MathMadEzy@aol.com \n" ); document.write( " |