document.write( "Question 76851: A certain sum of money is invested at 10%. Twice that amount is invested at 8%. The total amount of interest from both investments is $91. How much is invested at 8%. \n" ); document.write( "
Algebra.Com's Answer #55091 by funmath(2933)![]() ![]() ![]() You can put this solution on YOUR website! A certain sum of money is invested at 10%. Twice that amount is invested at 8%. The total amount of interest from both investments is $91. How much is invested at 8%. \n" ); document.write( "Let the amount invested at 10% be: x \n" ); document.write( "Then the amount invested at 8% is: 2x \n" ); document.write( "The formula for simple interest is: \n" ); document.write( "Since they didn't give you time, I assume it is one year and can be ignored. \n" ); document.write( "rate=8/100=.08 for 8% \n" ); document.write( "rate=10/100=.10 for 10% \n" ); document.write( "I=91 \n" ); document.write( "Problem to solve: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The amount invested at 10% is: x=$350 \n" ); document.write( "The amount invested at 8% is 2x=2($350)=$700 <--that's what they asked for. \n" ); document.write( "Happy Calculating!!!! \n" ); document.write( " |