document.write( "Question 982515: Channing derives an income of P618 from some money invested at 3% and some at 4.5% if the amounts of the respective investmemts were interchanged, he would receive P336. How much did he originally invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #603420 by ankor@dixie-net.com(22740)\"\" \"About 
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Channing derives an income of P618 from some money invested at 3% and some at 4.5% if the amounts of the respective investments were interchanged, he would receive P336.
\n" ); document.write( " How much did he originally invest at each rate?
\n" ); document.write( ";
\n" ); document.write( "let x = amt of 1st investment
\n" ); document.write( "let y = amt of 2nd investment
\n" ); document.write( ":
\n" ); document.write( "Write an equation for each scenario
\n" ); document.write( ".045x + .03y = 636
\n" ); document.write( ".03x + .045y = 618
\n" ); document.write( ":
\n" ); document.write( "Rearrange the 1st equation
\n" ); document.write( ".03y = -.045x + 636
\n" ); document.write( "divide both sides by .03
\n" ); document.write( "y = \"-.045%2F.03\"x + \"636%2F.03\"
\n" ); document.write( "y = -1.5x + 21200
\n" ); document.write( ":
\n" ); document.write( "Replace y with (-1.5x+21200) in the 2nd equation
\n" ); document.write( ".03x + .045(-1.5x+21200) = 618
\n" ); document.write( ".03x - .0675x + 954 = 618
\n" ); document.write( ".03x - .0675x = 618 - 954
\n" ); document.write( "-.0375x = -336
\n" ); document.write( "x = \"%28-336%29%2F%28-.0375%29\"
\n" ); document.write( "x = $8960 amt in the 1st investment
\n" ); document.write( "then
\n" ); document.write( "y = -1.5(8960) + 21200
\n" ); document.write( "y = -13440 + 21200
\n" ); document.write( "y = $7760 amt in the 2nd investment
\n" ); document.write( ":
\n" ); document.write( ":
\n" ); document.write( "You can check this for yourself:
\n" ); document.write( " .03(8960) + .045(7760) =
\n" ); document.write( "and
\n" ); document.write( " .045(8960) + .03(7760) =
\n" ); document.write( "
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