document.write( "Question 1047034: $20,000 is invested, part at 4% and remainder at 6%. The total income is $1050 from the 2 investments. Determine amt. at each rate.\r
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document.write( "My attempt:\r
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document.write( "Let x = amt. at 4% (4% is .04)\r
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document.write( "20,000 - x = amt. at 6% (6% is .06)\r
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document.write( "Not sure from here. Thanks. \n" );
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Algebra.Com's Answer #662511 by Boreal(15235) You can put this solution on YOUR website! That's fine as far as you have gone. \n" ); document.write( "make the two add to equal $1050. \n" ); document.write( ".04x+.06(20000-x)=$1050 \n" ); document.write( ".04x+1200-.06x=1050 \n" ); document.write( "-,02x=-150 \n" ); document.write( "x=$7500 @4% ($300 a year) \n" ); document.write( "20000-x=$12500@6%=$750 a year. They add to $1050 \n" ); document.write( " |