document.write( "Question 1032330: Q: Lionel invested an amount of 20,000$ partly at the rate of 5% and partly at the rate of 8% interest per anum.If the total amount of interest at the end of one year is 1,420$,how much was invested at 5% ? \n" ); document.write( "
Algebra.Com's Answer #647118 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! Let x=amount invested at 5%,y=amount invested at 8%. We know that: \n" ); document.write( "x+y=20000 \n" ); document.write( ".05x+.08y=1420 \n" ); document.write( "Multiplying through we get: \n" ); document.write( ".08x+.08y=.08(20000)=1600 \n" ); document.write( ".05x+.08y=1420\r \n" ); document.write( "\n" ); document.write( ".03x=1600-1420=180 \n" ); document.write( "x=18/.03=6000 \n" ); document.write( "y=140000!!!!!! \n" ); document.write( " |