document.write( "Question 124898: A total of $10,000 is invested in two funds paying 5% and 7% annual interest. The combined annual interest is $644. How much of the $10,000 is invested in each fund? \n" ); document.write( "
Algebra.Com's Answer #91536 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! .07X+.05(10000-X)=644 \n" ); document.write( ".07X+500-.05X=644 \n" ); document.write( ".02X=644-500 \n" ); document.write( ".02X=144 \n" ); document.write( "X=144/.02 \n" ); document.write( "X=7200 ANSWER FOR THE AMOUNT INVESTED @ 7%. \n" ); document.write( "10000-7200=2800 INVESTED @ 5%. \n" ); document.write( "PROOF. \n" ); document.write( ".07*7200+.05*2800=644 \n" ); document.write( "504+140=644 \n" ); document.write( "644=644 \n" ); document.write( " \n" ); document.write( " |