document.write( "Question 897606: mr west invested $7200, part at 4% and the rest at 5%. if the annual incomes from both investments were equal, find the amount invested at each\r
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document.write( "I just need to know how to set up this type of problem \n" );
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Algebra.Com's Answer #544192 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! mr west invested $7200, part at 4% and the rest at 5%. if the annual incomes from both investments were equal, find the amount invested at each \n" ); document.write( "I just need to know how to set up this type of problem \n" ); document.write( "*** \n" ); document.write( "let x=amt invested in one of the accounts, say, 4% \n" ); document.write( "7200-x=remainder of money invested in other, 5% account \n" ); document.write( "income=interest rate*account \n" ); document.write( "since incomes are equal \n" ); document.write( "4%x=5%(7200-x) \n" ); document.write( " |