document.write( "Question 70297: A total of $9000 is invested in two funds paying 5% and 6% annual interest. The combined interst is $510. How much of the $9000 is invested in each fund? \n" ); document.write( "
Algebra.Com's Answer #50132 by checkley75(3666)![]() ![]() ![]() You can put this solution on YOUR website! .06X+.05(9000-X)=510 \n" ); document.write( ".06X+450-.05X=510 \n" ); document.write( ".01X=510-450 \n" ); document.write( ".01X=60 \n" ); document.write( "X=60/.01 \n" ); document.write( "X=6000 INVESTED @ 6% \n" ); document.write( "9000-6000=3000 INVESTED @ 5% \n" ); document.write( "PROOF \n" ); document.write( ".06*6000+.05*3000=510 \n" ); document.write( "360+150=510 \n" ); document.write( "510=510 \n" ); document.write( " \n" ); document.write( " |