document.write( "Question 788944: Tran has $10000 to invest. She invested part of it in a term deposit paying 4% per annum and the remainder in bonds paying 5% per annum. If the total interest after 1 year was $440, how much did she invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #478677 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Tran has $10000 to invest. She invested part of it in a term deposit paying 4% per annum and the remainder in bonds paying 5% per annum. If the total interest after 1 year was $440, how much did she invest at each rate? \n" ); document.write( "-------- \n" ); document.write( "Using one variable: \n" ); document.write( "Equation: \n" ); document.write( "interest + Interest = interest \n" ); document.write( "0.04x + 0.05(10,000-x) = 440 \n" ); document.write( "------ \n" ); document.write( "4x + 50,000 - 5x = 44000 \n" ); document.write( "-x = 6000 \n" ); document.write( "----- \n" ); document.write( "x = $6000 (amt. invested at 4%) \n" ); document.write( "---- \n" ); document.write( "10,000-x = $4000 (amt. invested at 5%) \n" ); document.write( "-------------------------------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---------------- \n" ); document.write( " |