document.write( "Question 779591: A total of $3700 was invested, part of it at 6% interest and the remainder at 11%. If the total yearly interest amounted to $330, how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #475282 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Part I 6.00% per annum ------------- Amount invested =x \n" ); document.write( "Part II 11.00% per annum ------------ Amount invested = y \n" ); document.write( " 3700 \n" ); document.write( "Interest----- 330.00 \n" ); document.write( " \n" ); document.write( "Part I 6.00% per annum ---x \n" ); document.write( "Part II 11.00% per annum ---y \n" ); document.write( "Total investment \n" ); document.write( "x + 1 y= 3700 -------------1 \n" ); document.write( "Interest on both investments \n" ); document.write( "6.00% x + 11.00% y= 330 \n" ); document.write( "Multiply by 100 \n" ); document.write( "6 x + 11 y= 33000.00 --------2 \n" ); document.write( "Multiply (1) by -6 \n" ); document.write( "we get \n" ); document.write( "-6 x -6 y= -22200.00 \n" ); document.write( "Add this to (2) \n" ); document.write( "0 x 5 y= 10800 \n" ); document.write( "divide by 5 \n" ); document.write( " y = 2160 - x) \n" ); document.write( "Part I 6.00% $ 1540 \n" ); document.write( "Part II 11.00% $ 2160 \n" ); document.write( " \n" ); document.write( "CHECK \n" ); document.write( "1540 --------- 6.00% ------- 92.40 \n" ); document.write( "2160 ------------- 11.00% ------- 237.60 \n" ); document.write( "Total -------------------- 330.00 \n" ); document.write( " \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |