document.write( "Question 702772: A church building fund has invested money in two ways:part of the money at 3% interest and 4 times as much as 2.75%.Find the amount invested at each rate if the total annual income from interest is $2,800 \n" ); document.write( "
Algebra.Com's Answer #433132 by sachi(548) You can put this solution on YOUR website! let church invested x at 3% & 4x at 2.75% & the total interest is 2800 \n" ); document.write( "so 3x/100+2.75*4x/100=2800 \n" ); document.write( "or 3x+11x=2800*100=280000 \n" ); document.write( "or 14x=280000 \n" ); document.write( "or x=20000 \n" ); document.write( "so the amount invested 20000 at 3% & 800000 at 2.75% \n" ); document.write( "ans \n" ); document.write( " |