document.write( "Question 675252: I really need help. I do not understand how to solve this at all:
\n" );
document.write( "A man invests his savings in 2 accounts, one paying ^5 per year and the other %. He has twice as much invested in the 7% account as in the 6% account, and his annual interest income is $600. How much is invested in each account? \n" );
document.write( "
Algebra.Com's Answer #419667 by ReadingBoosters(3246)![]() ![]() ![]() You can put this solution on YOUR website! Establish variables \n" ); document.write( "x = $ in 6% account \n" ); document.write( "y = $ in 7% account \n" ); document.write( "... \n" ); document.write( "y = 2x \n" ); document.write( ".06x + .07y = 600 \n" ); document.write( "... \n" ); document.write( "Substitute 2x for y in the second equation \n" ); document.write( ".06x + .07(2x) = 600 \n" ); document.write( ".06x + .14x = 600 \n" ); document.write( ".2x = 600 \n" ); document.write( " \n" ); document.write( "... \n" ); document.write( " \n" ); document.write( "..................... \n" ); document.write( "Delighted to help. \n" ); document.write( "-Reading Boosters \n" ); document.write( "Website: www.MyHomeworkAnswers.com \n" ); document.write( "Wanting for others what we want for ourselves. \n" ); document.write( " |