document.write( "Question 84209: 3. Jane invested some amount at the rate of 12% simple interest and some other amount at the rate of 10% simple interest. She received yearly interest of $130. Randy also invested in the same scheme, but he interchanged the amounts invested, and received $4 more as interest. How much amount did each of them invest at different rates? \n" ); document.write( "
Algebra.Com's Answer #60633 by sofiyacherni(99)\"\" \"About 
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3. Jane invested some amount at the rate of 12% simple interest and some other amount at the rate of 10% simple interest. She received yearly interest of $130. Randy also invested in the same scheme, but he interchanged the amounts invested, and received $4 more as interest. How much amount did each of them invest at different rates?\r
\n" ); document.write( "\n" ); document.write( "Here is how you should approach this problem
\n" ); document.write( "Say she invested x dollars at 12%, to represent % as a number divide % by 100, so 12% is .12. Say she invested y dollars at 10%, so .10. From this she earned 130 dollars. So you have your first equation
\n" ); document.write( ".12x+.10y=130
\n" ); document.write( "Next if you interchange amounts invested and add 4 dollars to earnings you have sencond equation
\n" ); document.write( ".10x+.12y=134
\n" ); document.write( "so use substitution to solve a system of equations\r
\n" ); document.write( "\n" ); document.write( "(1) .12x+.10y=130
\n" ); document.write( "(2) .10x+.12y=134\r
\n" ); document.write( "\n" ); document.write( "so, from (2) .1x+.12y=134
\n" ); document.write( "\"x=%28134-.12y%29%2F.1\"
\n" ); document.write( "(3) \"x=1340-1.2y\" now sub this in (1) in place of x, you get
\n" ); document.write( "\".12%281340-1.2y%29%2B.1y=130\"
\n" ); document.write( "\"160.8-.144y%2B.1y=130\"
\n" ); document.write( "\"-.044y=-30.8\"
\n" ); document.write( "\"y=700\" now plug this value into (3), you get
\n" ); document.write( "\"x=1340-1.2%28700%29\"
\n" ); document.write( "\"x=1340-840\"
\n" ); document.write( "\"x=500\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "So JANE invested $500 at 12% and $700 at 10% and
\n" ); document.write( "RANDY invested $700 at 12% and $500 at 10%
\n" ); document.write( "Good luck
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