document.write( "Question 955995: John has N$6000 invest.He invests part of it at 5% and the rest at 8%.How much should be invested at each rate to yield 6% on the total amount? \n" ); document.write( "
Algebra.Com's Answer #584015 by stanbon(75887) ![]() You can put this solution on YOUR website! John has N$6000 invest.He invests part of it at 5% and the rest at 8%.How much should be invested at each rate to yield 6% on the total amount? \n" ); document.write( "--------------- \n" ); document.write( "Quantity Eq:: f + e = 6000 \n" ); document.write( "Interest Eq:: 5f + 8e = 6*6000 \n" ); document.write( "---- \n" ); document.write( "Modify for elimination: \n" ); document.write( "5f + 5e = 5*6000 \n" ); document.write( "5f + 8e = 6*6000 \n" ); document.write( "---- \n" ); document.write( "Subtract and solve for \"e\": \n" ); document.write( "3e = 6000 \n" ); document.write( "e = $2000 (amt. invested at 8%) \n" ); document.write( "---- \n" ); document.write( "f = 6000-e = $4000 (amt. invested at 5%) \n" ); document.write( "------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "----------\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |