document.write( "Question 765804: Eva invested a certain amount of money at 8% interest and $1600 more than that amount at 12%. Her total yearly interest was $845. How much did she invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #466435 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Eva invested a certain amount of money at 8% interest and $1600 more than that amount at 12%. Her total yearly interest was $845. How much did she invest at each rate? \n" ); document.write( "-------- \n" ); document.write( "Interest Equation: \n" ); document.write( "0.08x + 0.12(x+1600) = 845 \n" ); document.write( "-------- \n" ); document.write( "8x + 12x + 12*1600 = 84500 \n" ); document.write( "20x = 65300 \n" ); document.write( "x = 3265 dollars (amt. invested at 8%) \n" ); document.write( "x+1600 = 4865 dollars (amt. invested at 12%) \n" ); document.write( "================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================= \n" ); document.write( " |