Question 986150
x=invested at 8%
y=invested at 7.2%
;
x+y=24,000
.08x=(2/3)(.072)y
.08x=0.048y
x=0.6y
substituting
1.6y=24,000
y=$15,000 invested at 7.2%=$1080 per year
x=$9000 invested at 8%=$720 per year.
$720 is 2/3 of $1080.