document.write( "Question 1161935: Armando lends money to Alberto at 4% per year and deposits triple that amount in the bank at 5%. At the end of the year, the total interest he receives is $ 1,330. How much do you lend to Alberto and how much deposit in the bank? \n" ); document.write( "
Algebra.Com's Answer #785600 by greenestamps(13203) You can put this solution on YOUR website! \n" ); document.write( "The interest of $1330 is 4% of the x amount loaned to Alberto plus 5% of the 3x amount deposited in the bank: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Loan to Alberto: x = $7000 \n" ); document.write( "Deposited in the bank: 3x = $21,000 \n" ); document.write( " \n" ); document.write( " |