document.write( "Question 1134978: roland inherited a certain amount of money from his grandfather. he invested part of it in a trust found earning 8% annual simple interest. the rest of the amount, which was twice the first investment , was invested in a trust found earning 10% annual simple interest. The total annual interest from the two investments was 8400. how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #752484 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x was amount invested at 8% \n" ); document.write( "2x was invested at 10% \n" ); document.write( ".08x+2x*0.10=0.28x \n" ); document.write( "0.28x=8400 \n" ); document.write( "x=$30000 @ 8%=$2400 \n" ); document.write( "2x=$60000 @ 10%=$6000 \n" ); document.write( "total is $8400\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |