document.write( "Question 75189: Ruth invest $10,000 dollarsin two accounts. one account has an annual interest rate of 7%, and the other account has an annual interest rate of 5%. Let I represent the total interest earned in one year. Then Ruth's investemnt can be modeled by the system of equations x+y=10,000 and 0.07x=0.05y=I.\r
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document.write( " a. determind a solution fo this system of equations that represents a possible investment, and find the value of I that corresponds to your solution. \n" );
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Algebra.Com's Answer #53976 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Ruth invest $10,000 dollarsin two accounts. one account has an annual interest rate of 7%, and the other account has an annual interest rate of 5%. Let I represent the total interest earned in one year. Then Ruth's investemnt can be modeled by the system of equations x+y=10,000 and 0.07x+0.05y=I. \n" ); document.write( "----------------------------------- \n" ); document.write( "a. determin a solution fo this system of equations that represents a possible investment, and find the value of I that corresponds to your solution. \n" ); document.write( "------------- \n" ); document.write( "Let amount invested at 7% be \"x\" ; Interest is 0.07x dollars \n" ); document.write( "Let amount invested at 5% by \"y\" ; Interest is 0.05y dollars \n" ); document.write( "-------- \n" ); document.write( "equations x+y=10,000 and 0.07x+0.05y=I \n" ); document.write( "x=10000-y \n" ); document.write( "0.07(1000-y)+0.05y =I \n" ); document.write( "7000-0.02y=I \n" ); document.write( "y=(7000-I)/0.02 \n" ); document.write( "-------------- \n" ); document.write( "Substitute any number you want for \"I\" and you can solve for \"y\" and then \"x\". \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |