document.write( "Question 945410: you invested a total of $25000 at 3% and 4 1/2% simple interest. During one year, the two accounts earned $9000 . How much did you invest in each account? \n" ); document.write( "
Algebra.Com's Answer #576574 by vleith(2983)![]() ![]() ![]() You can put this solution on YOUR website! Let the amount you invest at 4.5% be x. Then the amount invested at 3% is \n" ); document.write( "\n" ); document.write( "You are told \n" ); document.write( " \n" ); document.write( "Solve for x\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Solving for x gives a number greater than 25000. So the answer is \"you can't do that\".\r \n" ); document.write( "\n" ); document.write( "To verify that, imagine you invested the entire 25000 at the higher rate of 4.5%. How much will that return in a simple interest year? $1125 which is nowhere near 9000.\r \n" ); document.write( "\n" ); document.write( "Did you have a typo maybe?? Perhaps 900??\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |