document.write( "Question 909469: $480,000 is invested at 6%. How much additional amount of money must be invested at 7% so that the total annual income will be $53,300? \n" ); document.write( "
Algebra.Com's Answer #551891 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! 0.06*480000+0.07*y=53300 \n" ); document.write( "28800+0.07*y=53300 \n" ); document.write( "0.07*y=24500 \n" ); document.write( "y=24500/0.07 \n" ); document.write( "y=350000 \n" ); document.write( "check \n" ); document.write( "0.06*480000+0.07*350000=53300 \n" ); document.write( "ok \n" ); document.write( " \n" ); document.write( " |