document.write( "Question 114555: If ben invests $4000 at 4% interest per year, how much additional money must he invest at 5 1/2% annual interest to ensure that the interest he recieved each year is 4 1/2% of the total amount invested? \n" ); document.write( "
Algebra.Com's Answer #83331 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! .04*4000+.055*X=.045(4000+X) \n" ); document.write( "160+.055X=180+.045 \n" ); document.write( ".055X-.045X=180-160 \n" ); document.write( ".01X=20 \n" ); document.write( "X=20/.01 \n" ); document.write( "X=2000 AMOUNT INVESTED @ 5.5%. \n" ); document.write( "PROOF: \n" ); document.write( ".04*4000+.055*2000=.045(4000+2000) \n" ); document.write( "160+110=.045*6000 \n" ); document.write( "270=270 \n" ); document.write( " \n" ); document.write( " |