document.write( "Question 1119323: a women has a total of $12,00 to invest. she invested part of the money in an account that pays 9% per year and the rest in an account that pays 10% per year. if the interest earned in the first year is $1160, how much did she invest in each account ? she invested $? at 9% and $? at 10% \n" ); document.write( "
Algebra.Com's Answer #734817 by ikleyn(52778)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Let me start from editing your post, replacing $12,00 by $12,000, since it is obvious typo.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now the corrected formulation is THIS:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( " a women has a total of $12,000 to invest. she invested part of the money in an account that pays 9% per year \r\n" ); document.write( " and the rest in an account that pays 10% per year. if the interest earned in the first year is $1160, \r\n" ); document.write( " how much did she invest in each account ? she invested $? at 9% and $? at 10%\r\n" ); document.write( "\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Solution\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "Let x = the amount invested at 10%.\r\n" ); document.write( "\r\n" ); document.write( "Then the amount invested at 9% is (12000-x) dollars.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "The total interest is the sum of partial interests, i.e.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 0.1x + 0.09*(12000-x) = 1160.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "Simplify and solve for x:\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 0.1x + 0.09*12000 - 0.09x = 1160,\r\n" ); document.write( "\r\n" ); document.write( " 0.01x = 1160 - 0.09*12000 = 80\r\n" ); document.write( "\r\n" ); document.write( " x =\r \n" ); document.write( "\n" ); document.write( "----------------- \n" ); document.write( "It is a typical and standard problem on investment.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "To see many other similar solved problems on investment, look into 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( "You will find there different approaches (using one equation or a system of two equations in two unknowns), as well as \n" ); document.write( "different methods of solution to the equations (Substitution, Elimination).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, you have this free of charge online textbook in ALGEBRA-I in this site\r \n" ); document.write( "\n" ); document.write( " - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The referred lesson is the part of this online textbook under the topic \"Systems of two linear equations in two unknowns\".\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I \n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |