document.write( "Question 1165810: Mr. Flores invested Php 25,000.00 of his bonus at 16% per annum. He found another investment opportunity at 20% per annum where he invested the rest of his bonus. If he realized a total of yearly income of 19% on his two investments, How much did he invest at 20%? What was the amount of his bonus. \n" ); document.write( "
Algebra.Com's Answer #790291 by Theo(13342)![]() ![]() You can put this solution on YOUR website! let x equal the amount invested at 20%. \n" ); document.write( "let y equals the total amount invested which equals his bonus.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your formulas become: \n" ); document.write( "25000 + x = y \n" ); document.write( ".16 * 25000 + .20 * x = .19 * y\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since y = 25000 + x, then your second equation becomes: \n" ); document.write( ".16 * 25000 + .20 * x = .19 * (25000 + x). \n" ); document.write( "simplify this equation to get: \n" ); document.write( "4000 + .20 * x = 4750 + .19 * x \n" ); document.write( "subtract 4000 from both sides of this equation and subtract .19 * x from both sides of this equation to get: \n" ); document.write( ".20 * x - .19 * x = 4750 - 4000 \n" ); document.write( "combine like terms to get: \n" ); document.write( ".01 * x = 750 \n" ); document.write( "solve for x to get: \n" ); document.write( "x = 750 / .01 = 75000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you have x = 75000 \n" ); document.write( "this makes 25000 + x = y become 25000 + 75000 = 100,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to confirm these values are good, replace the variables in the original equation with them to get: \n" ); document.write( "25000 + 75000 = 100,000 \n" ); document.write( ".16 * 25000 + .20 * 75000 = 4000 + 15000 = 19000 \n" ); document.write( "19000 / 100,000 = .19 * 100 = 19%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solution looks good. \n" ); document.write( "solution is: \n" ); document.write( "he invested 75000 at 20% and his total bonus was 100,000.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |