document.write( "Question 979341: If I have $4000 and I invested it into two accounts one receives 4% and the other account receives 3 % how much did I put in each account to make $150 annunally?
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Algebra.Com's Answer #600907 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! If I have $4000 and I invested it into two accounts one receives 4% and the other account receives 3 % how much did I put in each account to make $150 annunally? \n" ); document.write( ": \n" ); document.write( "let x = amt invested at 4% \n" ); document.write( "the total amt is $4000, therefore \n" ); document.write( "(4000-x) = amt invested at 3% \n" ); document.write( ": \n" ); document.write( "Using the decimal equiv \n" ); document.write( ".04x + .03(4000-x) = 150 \n" ); document.write( ".04x + 120 - .03x = 150 \n" ); document.write( ".04x - .03x = 150 -120 \n" ); document.write( ".01x = 30 \n" ); document.write( "x = 30/.01 \n" ); document.write( "x = $3000 invested at 4% \n" ); document.write( "then, obviously \n" ); document.write( "4000 - 3000 = $1000 invested at 3% \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "Check, find the amt earned by each amt \n" ); document.write( ".04 * 3000 = 120 \n" ); document.write( ".03 * 1000 = 30 \n" ); document.write( "----------------- \n" ); document.write( "total amt: 150 \n" ); document.write( " |