document.write( "Question 1053733: Larry Mitchell invested part of his
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document.write( "$ 17 comma 000$17,000
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document.write( "advance at
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document.write( "4 %4%
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document.write( "annual simple interest and the rest at
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document.write( "6 %6%
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document.write( "annual simple interest. If his total yearly interest from both accounts was
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document.write( "$ 980$980,
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document.write( "find the amount invested at each rate \n" );
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Algebra.Com's Answer #668962 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x is at 4% \n" ); document.write( "17000-x is at 6% \n" ); document.write( ".04x+.06(17000-x)=980 \n" ); document.write( ".04x+1020-.06x=980 \n" ); document.write( "-.02x=-4- \n" ); document.write( "x=$2000@4%=$80 \n" ); document.write( "17000-x=$15000@6%=$900 \n" ); document.write( " |