document.write( "Question 997419: I have to solve by using system of equations but I keep checking it and I keep getting it wrong! :( \r
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document.write( "Jane invests $100,000 in two accounts, she would like to earn $4800 a year. Jane invests part of the money in an account paying 3% simple interest and the rest in an account paying 6%. How much should Jane invest in each account to earn the $4800? \n" );
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Algebra.Com's Answer #615536 by josgarithmetic(39616)![]() ![]() ![]() You can put this solution on YOUR website! Assumed simple interest for both accounts.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Two quantities to invest, x and y. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Rates for interest are 3% and 6%, and investment will be 1 year. Quantity of interest to earn \n" ); document.write( "is $4800.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You did not show work or explain how your results were failing. Did you find the same system \n" ); document.write( "of equations? Did you maybe make mistake in decimals?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Divide the members of the interest sum equation by 0.03 to simplify. \n" ); document.write( " \n" ); document.write( "This system makes Elimination Method a good choice to begin solving it.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If done right, \n" ); document.write( " \n" ); document.write( " |