document.write( "Question 648853: Investing: Amanda invests $25,000, part at 5% and the rest at 6%. The annual return on the 5% investment exceeds the annual return on the 6% investment by $40. How much did she invest at each rate? \r
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document.write( "I know so far:
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document.write( "That interest= principal x rate
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document.write( "so, x= 5%
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document.write( " 25,000-x=6% \r
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document.write( "I keep setting up my equation as follows:
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document.write( "0.05x+0.06(25000-x)=0.05x+40 <-I know that this is most likely wrong, but I'm not sure how else to write it/slve it.\r
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document.write( "Thanks for your help! \n" );
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Algebra.Com's Answer #406836 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Investing: Amanda invests $25,000, part at 5% and the rest at 6%. The annual return on the 5% investment exceeds the annual return on the 6% investment by $40. How much did she invest at each rate? \r \n" ); document.write( "\n" ); document.write( "I know so far: \n" ); document.write( "That interest= principal x rate \n" ); document.write( "so, x= 5% \n" ); document.write( " 25,000-x=6% \n" ); document.write( "=================== \n" ); document.write( "x = amount @ 5% \n" ); document.write( "25000 - x = amount @ 6% \n" ); document.write( "------- \n" ); document.write( "0.05x = interest @ 5% \n" ); document.write( "0.06(25000 - x) = interest @ 6% \n" ); document.write( "------ \n" ); document.write( "0.05x = 0.06*(25000 - x) + 40 \n" ); document.write( "Solve for x \n" ); document.write( "-------------- \n" ); document.write( "-------------- \n" ); document.write( "I keep setting up my equation as follows: \n" ); document.write( "0.05x+0.06(25000-x)=0.05x+40 <-I know that this is most likely wrong, but I'm not sure how else to write it/slve it.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |