SOLUTION: An actor invests some money at 6​%, and ​$44000 more than four times the amount at 9 %. The total annual interest earned from the investment is ​$47640. How much did he inves

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Question 1155828: An actor invests some money at 6​%, and ​$44000 more than four times the amount at 9 %. The total annual interest earned from the investment is ​$47640. How much did he invest at each​ amount? Use the​ six-step method.
Answer by greenestamps(13198) About Me  (Show Source):
You can put this solution on YOUR website!


The amount invested at 9% is $44000 more than 4 times the amount invested at 6%:
x = amount invested at 6%
4x+44000 = amount invested at 9%

The total interest is $47640:
.06%28x%29%2B.09%284x%2B44000%29+=+47640

I don't know what the "six step method" is; presumably you do, and so can finish the problem from there.