document.write( "Question 1038878: A man has $800 more invested at 4% than at 3%. If the total interest for the two investments is $130. How much is invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #653599 by jim_thompson5910(35256) ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "x = amount invested at 4% \n" ); document.write( "y = amount invested at 3%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "\"A man has $800 more invested at 4% than at 3%\" so we know that \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The amount of interest earned, in one year, for the 4% account is \n" ); document.write( "The amount of interest earned, in one year, for the 3% account is \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Put together, the total interest is \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We have \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "---------------------------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Use the two equations \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now that we know that \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So we know that \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "-------------------------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Final Answer: \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "$2,200 was invested at 4% \n" ); document.write( "$1,400 was invested at 3%\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |