document.write( "Question 1096630: You invested 25,000 in two accounts paying 3% and 4% annual interest, respectively. If the total interest earned for the year was $990, how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #711053 by addingup(3677)![]() ![]() You can put this solution on YOUR website! at 3% = x \n" ); document.write( "at 4% = 25,000-x \n" ); document.write( "0.03x + 0.04(25,000-x) = 990 \n" ); document.write( "0.03x + 1,000 - 0.04x = 990 \n" ); document.write( "-0.01x = -80 \n" ); document.write( "x = 8,000 this is the amount invested at 3% \n" ); document.write( "The amount invested at 4%: \n" ); document.write( "25,000 - 8,000 = 17,000 \n" ); document.write( " \n" ); document.write( " |