document.write( "Question 1196499: Paul and Donna Petrie invested $34,000, part at 2% simple interest and the rest 7% at simple interest for a period of 1 year. How much did they invest at each rate if their total annual interest from both investments was 1380? \n" ); document.write( "
Algebra.Com's Answer #829345 by josgarithmetic(39621)![]() ![]() ![]() You can put this solution on YOUR website! ------------------------------------------------------------------------ \n" ); document.write( "$34,000, part at 2% simple interest and the rest 7% at simple interest for a period of 1 year. How much did they invest at each rate if their total annual interest from both investments was 1380? \n" ); document.write( "-------------------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This kind done thousands of times.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "---------------------------------------------------------------------------- \n" ); document.write( "... invest $P, part at L% simple interest and the rest H% at simple interest for a period of 1 year. How much did they invest at each rate if their total annual interest from both investments was Y? \n" ); document.write( "----------------------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "v invested at H% \n" ); document.write( "P-v invested at L% \n" ); document.write( "P = 34000 \n" ); document.write( "Y =1380\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "-\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( " |