document.write( "Question 1116093: Katie invested a total of $4000, part at 4% simple interest and part at 5% simple interest. At the end of 1 year, the investments had earned $174 interest. How much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #730931 by stanbon(75887)\"\" \"About 
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Katie invested a total of $4000, part at 4% simple interest and part at 5% simple interest. At the end of 1 year, the investments had earned $174 interest. How much was invested at each rate?
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\n" ); document.write( "Quantity:: r + v = 4000
\n" ); document.write( "Interest:: 0.04r + 0.05v = 174
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\n" ); document.write( "Modify for elimination::
\n" ); document.write( "4r + 4v = 16000
\n" ); document.write( "4r + 5v = 17400
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\n" ); document.write( "Subtract and solve for \"v\"::
\n" ); document.write( "v = $1400 (amt. invested at 5%)
\n" ); document.write( "r = $3600 (amt. invested at 4%)
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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