document.write( "Question 88287: Hello, I have tried to figure this out but with no success can you help.
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document.write( "Bob invested $20,000, part at 14% and part at 13%. If the total interest at the end of the year is $2,720, how much did he invest at 14%?\r
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document.write( "this is what I have done so far but it is not proofing out. What am I doing wrong
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document.write( "0.14x+0.13(20,000-x)=2,720
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document.write( "0.14x+2,800-.013x=2,720
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document.write( "0.13x=2,720-2,800
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document.write( ".013x=200
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document.write( "X=200/0.13
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document.write( "X=1538.46 invested @ 14%
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document.write( "20,000-923.07 = 19,076.93 invested @ 13%
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document.write( "
Algebra.Com's Answer #64129 by rapaljer(4671) You can put this solution on YOUR website! You seem to have TWO errors in your second step!\r \n" ); document.write( "\n" ); document.write( "0.14x+0.13(20,000-x)=2,720 \n" ); document.write( "0.14x+2,800-.013x=2,720\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Should be \n" ); document.write( "0.14x+0.13(20,000-x)=2,720 \n" ); document.write( "0.14x+2,600-0.13x=2,720\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Continuing: \n" ); document.write( "0.01x = 120 \n" ); document.write( "x= $12000 \n" ); document.write( "20000-x = $8000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Check: .14(12000)+.13(8000)=2720\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R^2 \n" ); document.write( " \n" ); document.write( " |