document.write( "Question 1136546: A person invested ​$7200 for 1​ year, part at 6​%, part at 10​%, and the remainder at 13​%.
\n" ); document.write( "The total annual income from these investments was ​$787.
\n" ); document.write( "The amount of money invested at 13​% was ​$200 more than the amounts invested at 6​%
\n" ); document.write( "and 10​% combined. Find the amount invested at each rate.\r
\n" ); document.write( "\n" ); document.write( "The person invested $​[ ] at 6​%,
\n" ); document.write( "$[ ] at 10​%, and $​[ ] at 13​%.
\n" ); document.write( "

Algebra.Com's Answer #754347 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "(1) Use logical reasoning and simple mental arithmetic, or formal algebra, to determine from the given information that $3700 was invested at 13% and $3500 was split between the 6% and 10% investments.

\n" ); document.write( "(2) Find the income from the 13% investment:

\n" ); document.write( "\"0.13%283700%29+=+481\"

\n" ); document.write( "$481 of the total income was from the investment at 13%.

\n" ); document.write( "(3) Determine the combined income from the 6% and 10% investments:

\n" ); document.write( "\"787-481+=+306\"

\n" ); document.write( "The total income from the 6% and 10% investments was $306.

\n" ); document.write( "(4) Now here is a completely different method for determining how the $3500 was split between the 6% and 10% investments.

\n" ); document.write( "All $3500 at 6% would produce income of $210; all at 10% would produce income of $350.

\n" ); document.write( "The ratio in which the $3500 is split between the 6% and 10% investments is exactly determined by where the actual income lies between $210 and $350.

\n" ); document.write( "350-210 = 140; 306-210 = 96; 96/140 = 24/35.

\n" ); document.write( "$306 is 24/35 of the way from $210 to $350; this means 24/35 of the $3500 was invested at the higher rate.

\n" ); document.write( "24/35 of $3500 = $2400 at 10%; the rest, $1100, at 6%.

\n" ); document.write( "ANSWERS: $3700 at 13%; $2400 at 10%; $1100 at 6%.
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