document.write( "Question 1122512: Roberto Invested a total of $10,000 apart at 6% in part and 9% how much did you invest in the lower interest account if the total interest earned in one year was $810? \n" ); document.write( "
Algebra.Com's Answer #738661 by greenestamps(13209) You can put this solution on YOUR website! \n" ); document.write( "Here is a really fast way to solve this kind of problem, without algebra. \n" ); document.write( "(Of course, if a solution using algebra is required, this method won't do....) \n" ); document.write( "(1) $810 return on a $10,000 investment is 8.1%. \n" ); document.write( "(2) 8.1% is 7/10 of the way from 6% to 9%. (Plot the numbers on a number line if you need help seeing this). \n" ); document.write( "(3) Therefore 7/10 of the $10,000 must be invested at the higher rate. \n" ); document.write( "Answer: $7000 at 9%; so $3000 at 6%. \n" ); document.write( " |