document.write( "Question 636217: 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.
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Algebra.Com's Answer #400856 by MathTherapy(10552)\"\" \"About 
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\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
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\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
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\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
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\n" ); document.write( "\n" ); document.write( ".08E = 6(.06S) ----- .08E = .36S
\n" ); document.write( "8E = 36S ---- Multiplying by 100 ------ eq (iii)\r
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\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
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\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
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\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% = \"480000%2F60\", or $\"highlight_green%288000%29\"\r
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\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% = \"288000%2F8\", or $\"highlight_green%2836000%29\"\r
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\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 $\"highlight_green%2810000%29\"\r
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\n" ); document.write( "\n" ); document.write( "I’m sure you can do your own check!!\r
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\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
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\n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com
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