document.write( "Question 1056030: Mackenzie invests $800 in one account and $2400 in an account paying 3 % higher interest. At the end of one year she had earned $264 in interest. At what rates did she invest? \n" ); document.write( "
Algebra.Com's Answer #671189 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Mackenzie invests $800 in one account and $2400 in an account paying 3 % higher interest. At the end of one year she had earned $264 in interest. At what rates did she invest? \n" ); document.write( "--------------- \n" ); document.write( "interest + interest = interest \n" ); document.write( "800(x/100) + 2400(x+3)/100 = 264 \n" ); document.write( "--------------------------- \n" ); document.write( "800x + 2400x + 7200 = 26400 \n" ); document.write( "------------------------------- \n" ); document.write( "3200x = 19200 \n" ); document.write( "-------\r \n" ); document.write( "\n" ); document.write( "x = 6% \n" ); document.write( "(interest on the $800) \n" ); document.write( "--------- \n" ); document.write( "x+3 = 9% (interest on the $2400) \n" ); document.write( "----------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( " |