document.write( "Question 792818: John invested some money at 6% annual interest and three times as much at 8%. The total interest after one year was 660$. How much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #480146 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! John invested some money at 6% annual interest and three times as much at 8%. The total interest after one year was 660$. How much did he invest at each rate? \n" ); document.write( "-------------- \n" ); document.write( "Interest Equation: 0.06x + 0.08(3x) = 660 \n" ); document.write( "-------- \n" ); document.write( "6x + 24x = 66000 \n" ); document.write( "--- \n" ); document.write( "30x = 66000 \n" ); document.write( "x = $2200 (amt. invested at 6%) \n" ); document.write( "---- \n" ); document.write( "3x = $6600 (amt. invested at 8%) \n" ); document.write( "================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================ \n" ); document.write( " |