An actor invests some money at 8%, and 50,000 more than three times the amount at 9% . The total annual interest earned from the investment is 37,750. How much did he invest at each amount?

He invested$____at 8% and$____at 9%

Question

An actor invests some money at 8%, and 50,000 more than three times the amount at 9% . The total annual interest earned from the investment is 37,750. How much did he invest at each amount?

He invested$____at 8% and$____at 9%

anonymous · Answer

a= amt @ 8%
b= amt @ 9%
b= 3a+50000
.08a+.09b=37750
.08a+.09(3a+50000)=37750
.08a+.27a+4950=37750
.35a=32800
a=93714.29
b=331142.86

anonymous · Answer

always double check with that many numbers