document.write( "Question 942375: A rollover IRA of $19,200 was invested in two mutual funds, one earning 12% interest and the other earning 6%. After 1 year, the combined interest income is $1,542. How much was invested at each rate?
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Algebra.Com's Answer #574512 by TimothyLamb(4379)![]() ![]() You can put this solution on YOUR website! x = dollar amount invested at 12% \n" ); document.write( "y = dollar amount invested at 6% \n" ); document.write( "--- \n" ); document.write( "x + y = 19200 \n" ); document.write( "0.12x + 0.06y = 1542 \n" ); document.write( "--- \n" ); document.write( "put the system of linear equations into standard form \n" ); document.write( "--- \n" ); document.write( "x + y = 19200 \n" ); document.write( "0.12x + 0.06y = 1542 \n" ); document.write( "--- \n" ); document.write( "copy and paste the above standard form linear equations in to this solver: \n" ); document.write( "https://sooeet.com/math/system-of-linear-equations-solver.php \n" ); document.write( "--- \n" ); document.write( "solution: \n" ); document.write( "x = 6500 \n" ); document.write( "y = 12700 \n" ); document.write( "--- \n" ); document.write( "Free algebra tutoring live chat: \n" ); document.write( "https://sooeet.com/chat.php?gn=algebra \n" ); document.write( "--- \n" ); document.write( "Solve and graph linear equations: \n" ); document.write( "https://sooeet.com/math/linear-equation-solver.php \n" ); document.write( "--- \n" ); document.write( "Solve quadratic equations with quadratic formula: \n" ); document.write( "https://sooeet.com/math/quadratic-formula-solver.php \n" ); document.write( "--- \n" ); document.write( "Solve systems of linear equations up to 6-equations 6-variables: \n" ); document.write( "https://sooeet.com/math/system-of-linear-equations-solver.php \n" ); document.write( "--- \n" ); document.write( " |