document.write( "Question 930254: How do i set these equations up?
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document.write( "An investment of $6000 is made into a 14% annual simple interest account. How much money is deposited into a 10% annual simple interest account if the total annual interest earned on both accounts is 12% of the total investment?
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document.write( "A stockbroker has 12,000 to invest. The broker recommends part of the 12,000 be placed in 12% tax free bonds, and the rest in 18% commercial bonds. How much should be invested in the commercial bonds so that the total annual interest is $1920?
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document.write( "So far for the last one I got 12,000-x(.12)+.18x=$1920, but am coming up with something other than what is on the answer key. \n" );
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Algebra.Com's Answer #564805 by mananth(16946)![]() ![]() You can put this solution on YOUR website! amount invested at 14.00% 6000 \n" ); document.write( " \n" ); document.write( "Another part invested at x% 10.00% x \n" ); document.write( " \n" ); document.write( "14.00% * 6000 + 10.00% x= 12.00% (x+ 6000 ) \n" ); document.write( " \n" ); document.write( "840 + 10.00% x= 12.00% x+ 12.00% * 6000 \n" ); document.write( " \n" ); document.write( "840 + 10.00% x= 12.00% x+ 720 \n" ); document.write( " \n" ); document.write( "12.00% x - 10.00% x= 840 - 720 \n" ); document.write( " \n" ); document.write( "2.00% x= 120 \n" ); document.write( " x= 120 / 2.00% \n" ); document.write( " x= 6000 \n" ); document.write( " \n" ); document.write( "The amount invested at 10.00% = $ 6000 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "CHECK \n" ); document.write( " \n" ); document.write( "14.00% * 6000 + 6000 * 10.00% \n" ); document.write( " \n" ); document.write( "840 + 600 = 1440 \n" ); document.write( " \n" ); document.write( "12000 * 12.00% = 1440 \r \n" ); document.write( "\n" ); document.write( "(6000+6000) \r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Part I 12.00% per annum ------------- Amount invested =x \n" ); document.write( "Part II 18.00% per annum ------------ Amount invested = y \n" ); document.write( " 12000 \n" ); document.write( "Interest----- 1920.00 \n" ); document.write( " \n" ); document.write( "Part I 12.00% per annum ---x \n" ); document.write( "Part II 18.00% per annum ---y \n" ); document.write( "Total investment \n" ); document.write( "x + 1 y= 12000 -------------1 \n" ); document.write( "Interest on both investments \n" ); document.write( "12.00% x + 18.00% y= 1920 \n" ); document.write( "Multiply by 100 \n" ); document.write( "12 x + 18 y= 192000.00 --------2 \n" ); document.write( "Multiply (1) by -12 \n" ); document.write( "we get \n" ); document.write( "-12 x -12 y= -144000.00 \n" ); document.write( "Add this to (2) \n" ); document.write( "0 x 6 y= 48000 \n" ); document.write( "divide by 6 \n" ); document.write( " y = 8000 \n" ); document.write( "Part I 12.00% $ 4000 \n" ); document.write( "Part II 18.00% $ 8000 \n" ); document.write( " \n" ); document.write( "CHECK \n" ); document.write( "4000 --------- 12.00% ------- 480.00 \n" ); document.write( "8000 ------------- 18.00% ------- 1440.00 \n" ); document.write( "Total -------------------- 1920.00 \n" ); document.write( " \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |