document.write( "Question 1067423: Katie invested a total of $8000. Part at 5% simple interest and part at 6% simple interest. At the end of 1 year the investments had earned $453 interest. How much was invested at each rate. \n" ); document.write( "
Algebra.Com's Answer #682618 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x at 5% \n" ); document.write( "8000-x at 6% \n" ); document.write( ".05x+.06(8000-x)=453 \n" ); document.write( ".05x+480-.06x=453 \n" ); document.write( "-.01x=-27 \n" ); document.write( "x=2700, multiplying both sides by 100 \n" ); document.write( "$2700@5%=$135 \n" ); document.write( "$5300@6%=$318 \n" ); document.write( "Add to $453. \n" ); document.write( " |