document.write( "Question 936894: Mr. Reyes invested a certain amount at 11% and five-sixths as much at 12% per year. If his annual income from the 11% investment is 540 more than the income from the 12% investment, how much did he invest at 12%? \n" ); document.write( "
Algebra.Com's Answer #570333 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Mr. Reyes invested a certain amount at 11% and five-sixths as much at 12% per year. If his annual income from the 11% investment is 540 more than the income from the 12% investment, how much did he invest at 12%?\r \n" ); document.write( "\n" ); document.write( "Mr. Reyes invested a certain amount at 11%------------x\r \n" ); document.write( "\n" ); document.write( " and five-sixths as much at 12% per year-------------%/6)x\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".his annual income from the 11% investment ..............11%x\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "is 540 more than\r \n" ); document.write( "\n" ); document.write( " the income from the 12% investment---------------(5/6)x*12%\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "11%x = (5/6)x*12% +540\r \n" ); document.write( "\n" ); document.write( "multiply equation by 100 \n" ); document.write( "11x= 10x + 54000\r \n" ); document.write( "\n" ); document.write( "x=54000 @ 11%\r \n" ); document.write( "\n" ); document.write( "(5/6)*54000 = 45000 @12%\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |