document.write( "Question 899630: Two investments totaling $56,500 produce an annual income of $2480. One investment yields 8% per year, while the other yields 2% per year. How much is invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #545761 by richwmiller(17219)\"\" \"About 
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x+y=56500,
\n" ); document.write( "0.08*x+0.02*y=2480
\n" ); document.write( "x=56500-y
\n" ); document.write( "0.08*(56500-y)+0.02*y=2480
\n" ); document.write( "4520-0.08y+0.02*y=2480
\n" ); document.write( "-0.06*y=-2040
\n" ); document.write( "y= 34000
\n" ); document.write( "x=56500-y
\n" ); document.write( "x=22500
\n" ); document.write( "check
\n" ); document.write( "0.08*22500+0.02*34000=2480
\n" ); document.write( "1800+680=2480
\n" ); document.write( "2480=2480
\n" ); document.write( "ok
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