document.write( "Question 1136546: A person invested $7200 for 1 year, part at 6%, part at 10%, and the remainder at 13%.
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document.write( "The total annual income from these investments was $787.
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document.write( "The amount of money invested at 13% was $200 more than the amounts invested at 6%
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document.write( "and 10% combined. Find the amount invested at each rate.\r
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document.write( "The person invested $[ ] at 6%,
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document.write( "$[ ] at 10%, and $[ ] at 13%. \n" );
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Algebra.Com's Answer #754323 by ikleyn(52803)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The solution is in 3 steps.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "1. One part of the condition says that the total amount is $7200.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " The other part of the condition says that the amount invested at 13% is 200 more than the combined amount invested at 6% and 10%.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " It implies immediately via simple logic, that the combined amount invested at 6% and 10% is\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I'd like to make couple of comments to this solution.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The method of solution was to reduce the problem from 3 unknowns to only two unknowns.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then the problem for two unknown investments was solved using single equation for only one unknown.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The method of reducing such problems from 3 unknowns to only two is very well known.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "See the lesson \r \n" ); document.write( "\n" ); document.write( " - HOW TO algebreze and solve this problem on 2 equations in 2 unknowns \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "On solution of investment problems for two accounts see 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( "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 lessons are 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( "/\/\/\/\/\/\/\/\/\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If you think that I hid from you the reducing step from 3 unknowns to 2 unknowns,\r \n" ); document.write( "\n" ); document.write( "then I will present this step here EXPLICITLY.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( " Let A be the amount invested at 13% and B be the combined amount invested ar 6% and 10%.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " We are given that \r\n" ); document.write( "\r\n" ); document.write( " A + B = 7200\r\n" ); document.write( " A - B = 200\r\n" ); document.write( " ---------------------- Add these two equations. You will get\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 2A = 7400 ==============> A = 7400/2 = 3700 dollars.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " Then B = 7200 - 3700 = 3500 dollars, exactly as I stated in the core text.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " Using logical arguments, take off $200 from $7200 - then you will get a total of $7000, consisting of two equal parts \"reduced A\" and \"B\",\r\n" ); document.write( "\r\n" ); document.write( " so \"B\" is 7000/2 = 3500 dollars and \"A\" is 3500+200 = 3700.\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( "Thus, now you have all the parts of the solution \"in place\".\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |