document.write( "Question 867320: An actor invests some money at 8%, and $38000 more than three times the amount at 11%. The total annual interest earned form the investment is $34101. How much did he invest at each amount? \n" ); document.write( "
Algebra.Com's Answer #522968 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! An actor invests some money at 8%, and $38000 more than three times the amount at 11%. The total annual interest earned form the investment is $34101. How much did he invest at each amount? \n" ); document.write( "*** \n" ); document.write( "let x=amt of money invested at 11% \n" ); document.write( "3x+38000=amt of money invested at 8%\r \n" ); document.write( "\n" ); document.write( ".11x+.08(3x+38000)=34101 \n" ); document.write( ".11x+.24x+3040=34101 \n" ); document.write( "0.35x=31061 \n" ); document.write( "x=≈88746 \n" ); document.write( "3x+38000≈304237 \n" ); document.write( "amt of money invested at 11%≈$88,746 \n" ); document.write( "amt of money invested at 8%≈$304,238 \n" ); document.write( " \n" ); document.write( " |