document.write( "Question 1156045: Aleksandra Tomich invested $ 6,162, part at 8 % simple interest and part at 4 % simple interest for a period of 1 year. How much did she invest at each rate if each account earned the same interest? \n" ); document.write( "
Algebra.Com's Answer #778761 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x at 8% \n" ); document.write( "6162-x at 4% \n" ); document.write( "interest totals are equal \n" ); document.write( ".08x=246.48-.04x \n" ); document.write( ".12x=246.48. Divide both sides by 0.12 \n" ); document.write( "$2054 at 8 % ($164.32 interest) \n" ); document.write( "$4108 at 4% interest \n" ); document.write( " |