document.write( "Question 13356: Invest $30,000 and receive $2,300 in interest. Part was invested at 10% and remainder at 5%. How much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #6725 by rapaljer(4671)![]() ![]() You can put this solution on YOUR website! Let x = amount invested at 10% \n" ); document.write( "30000 - x = amount invested at 5%\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".10 x + .05(30000 - x) = 2300 \n" ); document.write( ".10x + 1500 - .05x = 2300 \n" ); document.write( ".05x + 1500 = 2300 \n" ); document.write( ".05x = 800 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Check: \n" ); document.write( ".10($16000) + .05($14000) \n" ); document.write( "$1600 + $700 = $2300\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R^2 at SCC\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |