document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=993861>Question 993861</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Parker invested a part of $54,000 at nine and one-half percent and the rest is at 12%. His annual income from the 12% investment is three times as large as that from the nine and one-half percent investment. How much does he invest at each rate?   </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #613262 by </B><A HREF=/tutors/aboutme.mpl?userid=lwsshak3><B>lwsshak3(11628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lwsshak3><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=613262\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Mr. Parker invested a part of $54,000 at nine and one-half percent and the rest is at 12%. His annual income from the 12% investment is three times as large as that from the nine and one-half percent investment. How much does he invest at each rate?<BR>\n" );
document.write( "let x=amt invested at 9.5 % rate<BR>\n" );
document.write( "54000-x=amt invested at 12 % rate<BR>\n" );
document.write( "12%*(54000-x)=3*9.5%x<BR>\n" );
document.write( "6480-.12x=.285x.<BR>\n" );
document.write( ".405x=6480<BR>\n" );
document.write( "x=$16000<BR>\n" );
document.write( "54000-x=$38000<BR>\n" );
document.write( "amt invested at 9.5 % rate=$16000<BR>\n" );
document.write( "amt invested at 12 % rate=$38000\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );