document.write( "Question 785784: Jen invested $7,500 in two back accounts, one paying 4% simple interest, and the other paying 6%. If her annual interest from the two accounts is $420, how much did she invest at 6%? \n" ); document.write( "
Algebra.Com's Answer #477718 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 4.00% per annum ------------ Amount invested = y \n" ); document.write( " 7500 \n" ); document.write( "Interest----- 420.00 \n" ); document.write( " \n" ); document.write( "Part I 6.00% per annum ---x \n" ); document.write( "Part II 4.00% per annum ---y \n" ); document.write( "Total investment \n" ); document.write( "x + 1 y= 7500 -------------1 \n" ); document.write( "Interest on both investments \n" ); document.write( "6.00% x + 4.00% y= 420 \n" ); document.write( "Multiply by 100 \n" ); document.write( "6 x + 4 y= 42000.00 --------2 \n" ); document.write( "Multiply (1) by -6 \n" ); document.write( "we get \n" ); document.write( "-6 x -6 y= -45000.00 \n" ); document.write( "Add this to (2) \n" ); document.write( "0 x -2 y= -3000 \n" ); document.write( "divide by -2 \n" ); document.write( " y = 1500 - x) \n" ); document.write( "Part I 6.00% $ 6000 \n" ); document.write( "Part II 4.00% $ 1500 \n" ); document.write( " \n" ); document.write( "CHECK \n" ); document.write( "6000 --------- 6.00% ------- 360.00 \n" ); document.write( "1500 ------------- 4.00% ------- 60.00 \n" ); document.write( "Total -------------------- 420.00 \n" ); document.write( " \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |