document.write( "Question 1115269: Meisha has $25,000 that she wants to invest. She invests it in accounts paying 12%, 7%, and
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document.write( "6% simple interest. The account paying 12% is a higher-risk account, so she wants the
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document.write( "amount in that account to be half of the amount she has in the account paying 6% simple
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document.write( "interest. If her annual interest is $1945, how much is invested at each rate? \n" );
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Algebra.Com's Answer #730160 by stanbon(75887) ![]() You can put this solution on YOUR website! Meisha has $25,000 that she wants to invest. \n" ); document.write( "She invests it in accounts paying 12%, 7%, and 6% simple interest. \n" ); document.write( "The account paying 12% is a higher-risk account, so she wants the \n" ); document.write( "amount in that account to be half of the amount she has in the account paying 6% simpleinterest. \n" ); document.write( "If her annual interest is $1945, how much is invested at each rate? \n" ); document.write( "Equations: \n" ); document.write( "t + s + x = 25000 \n" ); document.write( "t = (1/2)x \n" ); document.write( "12t + 7s + 6x = 194500 \n" ); document.write( "---- \n" ); document.write( "Modify and rearrange to get: \n" ); document.write( "t + s + x = 25000 \n" ); document.write( "t + 0 -0.5x = 0 \n" ); document.write( "12t+7s+6s = 194500 \n" ); document.write( "-------------------------- \n" ); document.write( "Solve by any method you know to get: \n" ); document.write( "t = 6500 \n" ); document.write( "s = 5500 \n" ); document.write( "x = 13000 \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( " |