document.write( "Question 774272: Larrry Mitchell invested part of his $29,000 at 7% annual interest and the rest at 6% interest annual simple interest. If his total yearly interest from both accounts was $1,880. Find the amount invested at both rates. X = ___ y = ___ \n" ); document.write( "
Algebra.Com's Answer #472142 by oscargut(2103)![]() ![]() You can put this solution on YOUR website! Larrry Mitchell invested part of his $29,000 at 7% annual interest and the rest at 6% interest annual simple interest. If his total yearly interest from both accounts was $1,880.\r \n" ); document.write( "\n" ); document.write( "Let X = amount invested at 7 % \n" ); document.write( "Let Y = amount invested at 6 %\r \n" ); document.write( "\n" ); document.write( "You have to solve:\r \n" ); document.write( "\n" ); document.write( "x+y = 29,000 \n" ); document.write( "0.07x+0.06y=1880\r \n" ); document.write( "\n" ); document.write( "Answer: X = 14,000 and Y = 15,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I can help you with more questions at: mthman@gmail.com\r \n" ); document.write( "\n" ); document.write( "Thanks\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |