SOLUTION: A person invested $10,000. The greater part is invested at 6% and the remainder at 5%. The annual income from the greater part is $160.00 more thatn the annul income from the small

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Question 107845: A person invested $10,000. The greater part is invested at 6% and the remainder at 5%. The annual income from the greater part is $160.00 more thatn the annul income from the smaller part. What is the smaller part of the investment?
Answer by scott8148(6628) About Me  (Show Source):
You can put this solution on YOUR website!
let x=smaller, so 10000-x=greater ... (6%)(10000-x)-(5%)(x)=160 ... 600-.06x-.05x=160

-.11x=-440