document.write( "Question 724061: Sergio invests part of his 90,000 PESOS at 4% and the rest at 3%. How much money is invested at each rate if he makes a total income of 3,100 PESOS annually? \n" ); document.write( "
Algebra.Com's Answer #443566 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Part I 3.00% per annum ------------- Amount invested =x \n" ); document.write( "Part II 4.00% per annum ------------ Amount invested = y \n" ); document.write( " 90000 \n" ); document.write( "Interest----- 3100 \n" ); document.write( " \n" ); document.write( "Part I 3.00% per annum ---x * \n" ); document.write( "Part II 4.00% per annum ---y \n" ); document.write( "Total investment \n" ); document.write( "x + 1 y= 90000 -------------1 \n" ); document.write( "Interest on both investments \n" ); document.write( "3.00% x + 4.00% y= 3100 \n" ); document.write( "Multiply by 100 \n" ); document.write( "3 x + 4 y= 310000.00 --------2 \n" ); document.write( "Multiply (1) by -3 \n" ); document.write( "we get \n" ); document.write( "-3 x -3 y= -270000.00 \n" ); document.write( "Add this to (2) \n" ); document.write( "0 x 1 y= 40000 \n" ); document.write( "divide by 1 \n" ); document.write( "y = 40000 \n" ); document.write( "Part I 3.00% pesos 50000 \n" ); document.write( "Part II 4.00% pesos 40000 \n" ); document.write( " \n" ); document.write( " |