document.write( "Question 101007: of the $50,000 that Natasha pocketed on her last real estate deal, $20,000 went to charity. She invested part of the remainder with an annuak yield of 16% and the rest with an annual yield of 25%. if she made $6060.00 on these investments in one year, then how much did she invest in each fund? \n" ); document.write( "
Algebra.Com's Answer #73555 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! of the $50,000 that Natasha pocketed on her last real estate deal, $20,000 went to charity. She invested part of the remainder with an annuak yield of 16% and the rest with an annual yield of 25%. if she made $6060.00 on these investments in one year, then how much did she invest in each fund? \n" ); document.write( "----------------------- \n" ); document.write( "16% DATA: \n" ); document.write( "Amt invested = x dollars; interest = 0.16x dollars \n" ); document.write( "--------------- \n" ); document.write( "25% DATA: \n" ); document.write( "Amt invested = 30,000-x dollars; interest = 0.25(30,000-x)=7500-0.25x dollars \n" ); document.write( "-------------- \n" ); document.write( "EQUATION: \n" ); document.write( "interest + interest = 6060 dollars \n" ); document.write( "0.16x + 7500 - 0.25x = 6060\r \n" ); document.write( "\n" ); document.write( "-0.09x = -1440 \n" ); document.write( "x = 16000 (amt invesed at 16%) \n" ); document.write( "30000-16000= 14000 (amt invested at 25%) \n" ); document.write( "========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |