document.write( "Question 1191856: George decided to invest a certain amount of money, some at an
\n" ); document.write( "annual interest rate of 5% and the remainder at an annual interest
\n" ); document.write( "Rate Of 8%. The ratio of the amount of money invested at 5% to the
\n" ); document.write( "amount invested at 8% was 3:5. In one year, he earned $200 more
\n" ); document.write( "From this investment than if he had invested all the money in a fund
\n" ); document.write( "earning 6 1/4% per year. How much would his income from the
\n" ); document.write( "investment have been if he had invested all the money in a fund
\n" ); document.write( "earning 10% per year? Please explain how to do this.
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Algebra.Com's Answer #823711 by greenestamps(13198)\"\" \"About 
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\n" ); document.write( "Given the ratio 3:5 for the amounts invested at 5% and 8%, respectively...

\n" ); document.write( "let 3x = amount invested at 5%
\n" ); document.write( "let 5x = amount invested at 8%

\n" ); document.write( "The total amount invested was 3x+5x=8x.

\n" ); document.write( "The earnings from this investment were 5% of 3x and 8% of 5x.

\n" ); document.write( "If he had invested the whole amount at 6.25%, the earnings would have been 6.25% of 8x.

\n" ); document.write( "The first investment earned $200 more than the second would have:

\n" ); document.write( "\".05%283x%29%2B.08%285x%29+=+.0625%288x%29%2B200\"
\n" ); document.write( "\".15x%2B.40x+=+.5x%2B200\"
\n" ); document.write( "\".55x+=+.5x%2B200\"
\n" ); document.write( "\".05x+=+200\"
\n" ); document.write( "\"x+=+200%2F.05+=+4000\"

\n" ); document.write( "The total invested was 8x = $32000.

\n" ); document.write( "His earnings from this investment were

\n" ); document.write( "\".05%2812000%29%2B.08%2820000%29+=+600%2B1600+=+2200\"

\n" ); document.write( "(note that problem does not ask for that....)

\n" ); document.write( "If he had invested the whole $32000 at 10%, his earnings would have been

\n" ); document.write( "\".10%2832000%29\" = $3200.

\n" ); document.write( "ANSWER: $3200

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