document.write( "Question 1094872: Mike has $15000 to invest, part at 5% and part at 8%. He wants the income from simple interest on the two investments to total 1080 dollars annually. How much should he invest for each rate?\r
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Algebra.Com's Answer #709460 by ikleyn(52834)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "It is a standard problem on investment.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If you want to learn on how to solve it on your own, read the lesson \r \n" ); document.write( "\n" ); document.write( " - Using systems of equations to solve problems on investment\r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Consider it as a sample/template/prototype. Read it attentively. \n" ); document.write( "Then solve your problem by substituting your data. \n" ); document.write( "In this way you will learn the method.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Good luck and happy learning !!\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |