document.write( "Question 908885: Phyllis invested $10,000, a portion earning a simple interest rate of
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document.write( "9(1/5)% per year and the rest earning a rate of 9% per year. After one year the total interest earned on these investments was $915.00. How much money did she invest at each rate? \n" );
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Algebra.Com's Answer #551369 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! If that 9(1/5)% means 9 1/5 % or 9.2 then \n" ); document.write( "Total amount of money invested: $10000 \n" ); document.write( "x+y=10000, \n" ); document.write( "Total yearly interest for the two accounts is: $915 \n" ); document.write( "0.092*x+0.09*y=915 \n" ); document.write( "x=10000-y \n" ); document.write( "Substitute for x \n" ); document.write( "0.092*(10000-y)+0.09*y=915 \n" ); document.write( "Multiply out \n" ); document.write( "920.0-0.092*y+0.09*y=915 \n" ); document.write( "Combine like terms. \n" ); document.write( "-0.002*y=-5.0 \n" ); document.write( "Isolate y \n" ); document.write( "y=$ 2500.00 at 9% \n" ); document.write( "x=10000-y \n" ); document.write( "Calculate x \n" ); document.write( "x=$ 7500.00 at 9.2% \n" ); document.write( "Check \n" ); document.write( "0.092*7500.0+0.09*2500.0=915 \n" ); document.write( "690.0+225.0=915 \n" ); document.write( "915.0=915 \n" ); document.write( "If this statement is TRUE and neither x nor y is negative then all is well \n" ); document.write( "code int1 \n" ); document.write( " \n" ); document.write( " |