document.write( "Question 686855: Please help me solve\r
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document.write( "Monico invests a total of $13,000 in two accounts. The first account earned a rate of return of 15% (after a year). However, the second account suffered a 13% loss in the same time period. At the end of one year, the total amount of money gained was $550.00. How much was invested into each account?\r
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document.write( "$________ was invested at 15% and
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document.write( "$________ was invested at -13%. \n" );
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Algebra.Com's Answer #424929 by KMST(5328)![]() ![]() You can put this solution on YOUR website! $8000 was invested at 15% and \n" ); document.write( "$5000 was invested at -13%. \n" ); document.write( "The way to solve it depends on what you are studying \n" ); document.write( " \n" ); document.write( "IF YOU ARE STUDYING SYSTEMS OF LINEAR EQUATIONS: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The first account earned $ \n" ); document.write( "The second account \"earned\" a negative amount (lost 13%), \n" ); document.write( "so the \"earnings\" from the second account (in $) were \n" ); document.write( "The total earnings (in $) were \n" ); document.write( " \n" ); document.write( "Putting both equations together, you get the system of equations \n" ); document.write( " \n" ); document.write( "There are many ways to solve such a system, \n" ); document.write( "but the most intuitive way would be by substitution. \n" ); document.write( "You could solve the first equation for \n" ); document.write( " \n" ); document.write( "and then substitute the expression \n" ); document.write( " \n" ); document.write( "Then substitute \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "IF YOU HAVE NOT STUDIED SYSTEMS OF EQUATIONS: \n" ); document.write( " \n" ); document.write( "amount (in $) invested at -13% = \n" ); document.write( "The first account earned $ \n" ); document.write( "The second account \"earned\" a negative amount (lost 13%), \n" ); document.write( "so the \"earnings\" from the second account (in $) were \n" ); document.write( "The total earnings (in $) were \n" ); document.write( " \n" ); document.write( "Now you simplify and solve for \n" ); document.write( " \n" ); document.write( "Then, \n" ); document.write( "amount (in $) invested at -13% = |