document.write( "Question 908039: On two investments totaling $8,000, Lydia lost 4% on one and earned 6% on the other. If her net annual receipts were $400, how much was each investment? \n" ); document.write( "
Algebra.Com's Answer #550760 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! Total amount of money invested: $8000 \n" ); document.write( "x+y=8000, \n" ); document.write( "Total yearly interest for the two accounts is: $400 \n" ); document.write( "-0.04*x+0.06*y=400 \n" ); document.write( "x=8000-y \n" ); document.write( "Substitute for x \n" ); document.write( "-0.04*(8000-y)+0.06*y=400 \n" ); document.write( "Multiply out \n" ); document.write( "-320--0.04y+0.06*y=400 \n" ); document.write( "Combine like terms. \n" ); document.write( "0.1*y=720 \n" ); document.write( "Isolate y \n" ); document.write( "y=$ 7200.00 at 6% \n" ); document.write( "x=8000-y \n" ); document.write( "Calculate x \n" ); document.write( "x=$ 800.00 at -4% at a loss \n" ); document.write( "Check \n" ); document.write( "-0.04*800+0.06*7200=400 \n" ); document.write( "-32+432=400 \n" ); document.write( "400=400 \n" ); document.write( "If this statement is TRUE and neither x nor y is negative then all is well \n" ); document.write( " \n" ); document.write( " |