document.write( "Question 943074: can you please help me with this word problem? Merlin invested half of his money at 12%,one fourth at 8%,and the rest at 6%.If the total annual income is $570,how much was invested altogether? \n" ); document.write( "
Algebra.Com's Answer #574939 by reviewermath(1029)![]() ![]() You can put this solution on YOUR website! Merlin invested half of his money at 12%,one fourth at 8%,and the rest at 6%.If the total annual income is $570,how much was invested altogether?\r \n" ); document.write( "\n" ); document.write( "Solution: \n" ); document.write( "Let x = total amount invested \n" ); document.write( "(0.12)(1/2)(x) + (0.08)(1/4)(x) + (0.06)(1/4)(x) = 570 \n" ); document.write( "0.06x + 0.02x + 0.015x = 570 \n" ); document.write( "0.095x = 570 \n" ); document.write( "x = 570/0.095 = $6000 [Answer] \n" ); document.write( " |