Question 1026321

Part I	9.50%		per annum	-------------	Amount invested =x			
Part II	9.00%		per annum	------------	Amount invested = y		
	tOTAL  ---11500							
Interest-----	1077.5							
								
Part I	9.50%		per annum	---x				
Part II	9.00%		per annum	---y				
Total investment								
x	+	1	y=	11500	-------------1			
Interest on both investments								
9.50%	x	+	9.00%	y=	1077.5			
Multiply by		100						
9.5	x	+	9	y=	107750.00	--------2		
Multiply (1) by			-9.5					
we get								
-9.5	x	-9.5	y=	-109250.00				
Add this to (2)								
0	x	-0.5	y=	-1500				
divide by		-0.5						
			y	=	3000			
Part I	9.50%	$	8500					
Part II	9.00%	$	3000					
								
CHECK								
8500	---------	9.50%	-------	807.50				
3000	-------------	9.00%	-------	270.00				
Total			--------------------	1077.50				
								
m.ananth@hotmail.ca