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)![]() ![]() You can put this solution on YOUR website! 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 \n" ); document.write( " \n" ); document.write( " |