document.write( "Question 730521: Two investments totaling $58500 produced an annual income of $3255. One investment yields 3% per year,while the other yields 9% per year. How much is invested at each rate \n" ); document.write( "
Algebra.Com's Answer #446715 by stanbon(75887) ![]() You can put this solution on YOUR website! Two investments totaling $58500 produced an annual income of $3255. One investment yields 3% per year,while the other yields 9% per year. How much is invested at each rate \n" ); document.write( "------- \n" ); document.write( "Quantity Eq:::: x + y = 58500 \n" ); document.write( "Interest Eq::: 3x + 9y = 325500 \n" ); document.write( "--------------------------------- \n" ); document.write( "Modify: \n" ); document.write( "3x + 3y = 3*58500 \n" ); document.write( "3x + 9y = 325500 \n" ); document.write( "6y = 150000 \n" ); document.write( "y = $25000 (amt invested at 9% \n" ); document.write( "x = $33500 (amt invested at 3% \n" ); document.write( "-------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============== \n" ); document.write( " |