document.write( "Question 80008: I just need to know how to right this into a math problem. Here it is:\r
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document.write( "John now has two investments that produce a $150 income each month. If $1,000 more is invested at 9% than at 10% per year, how much was invested at each percent? There were 12 months in that year. \n" );
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Algebra.Com's Answer #57487 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! John now has two investments that produce a $150 income each month. If $1,000 more is invested at 9% than at 10% per year, how much was invested at each percent? \n" ); document.write( "--------- \n" ); document.write( "Amt invested at 9% = x; amt of monthly interest on this is (0.09/12) x dollars \n" ); document.write( "------- \n" ); document.write( "Amt invested at 10% = x+1000 ; amt of monthly int. on this is (0.10/12)(1000+x) \n" ); document.write( "-------------- \n" ); document.write( "EQUATION: \n" ); document.write( "int + int = 150 dollars \n" ); document.write( "0.0075x + 8.333 + 0.008333x=150 \n" ); document.write( "0.0158333x=141.667 \n" ); document.write( "x=$8947.41(amt. invested at 9%) \n" ); document.write( "10000-8947.41=$1052.59 (amt. invested at 10%) \n" ); document.write( "=========== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |