An actor invests some money at 6 ​%, and ​$48000   more than three times   the amount at 10 %.   The total annual interest earned from the investment is ​$38640 . How much did he invest at each​ amount?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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An actor invests some money at

6
​%,

and

​$48000
 

more than

three times
 

the amount at

10 %.
 

The total annual interest earned from the investment is

​$38640
.
How much did he invest at each​ amount? Use the​ six-step method.
He invested
​$nothing
 

at

6
​%

and

​$nothing
 

at

10

​%.

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