document.write( "Question 105110: Phyllis invested $12,000, a portion earning a simple interest rate of 4 and 1/2% per year and the rest earning a rate of 4% per year. after one year and the total interest earned on these investments was $525. how muchb money did she invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #76529 by elima(1433)![]() ![]() ![]() You can put this solution on YOUR website! Phyllis invested $12,000, a portion earning a simple interest rate of 4 and 1/2% per year and the rest earning a rate of 4% per year. after one year and the total interest earned on these investments was $525. how muchb money did she invest at each rate? \n" ); document.write( "x=amount at \n" ); document.write( "12000-x=amount at 4% \n" ); document.write( "========================= \n" ); document.write( ".045x+.04(12000-x)=525 \n" ); document.write( ".045x+480-.04x=525 \n" ); document.write( ".005x=45 \n" ); document.write( "x=9000 \n" ); document.write( "================= \n" ); document.write( "12000-9000=3000 \n" ); document.write( "=================== \n" ); document.write( "amount at \n" ); document.write( "amount at 4% = $3000 \n" ); document.write( ":) \n" ); document.write( " |