document.write( "Question 1076283: Jarvis invested some money at 5% interest. Jarvis also invested $152 more than 3 times that amount at 10%. How much is invested at each rate if Jarvis received $1387.90 in interest after one year? \n" ); document.write( "
Algebra.Com's Answer #690943 by Theo(13342)![]() ![]() You can put this solution on YOUR website! total interest is 1387.90.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x = amount invested at 5%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y = amount invested at 10%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since the amount he invested at 10% is 152 more than 3 times the amount he invested at 5%, then:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y = 3 * x + + 152.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your formula for interest is:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".05 * x + .10 * y = 1387.90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since y = 3 * x + 152, replace it in this equation to get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".05 * x + .10 * (3 * x + 152) = 1387.90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "simplify to get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".05 * x + .3 * x + 15.2 = 1387.90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "combine like terms to get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".35 * x + 15.2 = 1387.90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "subtract 15.2 from both sides of the equation to get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".35 * x = 1372.7\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solve for x to get x = 1372.7 / .35 = 3922\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since y = 3 * x + 152, then:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y = 11918\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".05 * 3922 + .10 * 11918 = 1387.9\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i believe that satisfies the problem statement.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your solution is that he invested 3922 at 5% and 11918 at 10%.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |