document.write( "Question 980290: Juan invests a total of $28,500 in two accounts. The first account earned a rate of return of 10% (after a year). However, the second account suffered a 7% loss in the same time period. At the end of one year, the total amount of money gained was $-380.00. How much was invested into each account?\r
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document.write( "$ was invested at 10% and
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document.write( "$ was invested at 7%. \n" );
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Algebra.Com's Answer #601452 by JoelSchwartz(130)![]() ![]() ![]() You can put this solution on YOUR website! x=amount invested with a return rate of 10 percent \n" ); document.write( "y=amount invested with a loss of seven percent \n" ); document.write( "x+y=28,500 \n" ); document.write( "x=28500-y \n" ); document.write( ".1x-.07y=-380 \n" ); document.write( ".1(28500-y)-.07y=-380 \n" ); document.write( "2850-.1y-.07y=-380 \n" ); document.write( "-.17y=-3230 \n" ); document.write( "y=19,000 \n" ); document.write( "x=9,500 \n" ); document.write( " |