College Algebra (10th Edition)

Published by Pearson
ISBN 10: 0321979478
ISBN 13: 978-0-32197-947-6

Chapter 8 - Section 8.1 - Systems of Linear Equations: Substitution and Elimination - 8.1 Assess Your Understanding - Page 556: 64

Answer

a) $x=90000$ and $y=60000$ b) $x=130000$ and $y=20000$

Work Step by Step

a) Let $x$ be the amount to be invested in AA bonds yielding $10\%$ and $y$ be the amount to be invested in Bank Certificate yielding $5\%$. $\begin{cases}0.1x+0.05y=12000\\ x+y=150000, \end{cases}$ Multiplying the second equation by $-0.05$ and adding it to the first equation. $\begin{cases} 0.1x+0.05y=12000\\ -0.05x-0.05y=-7500,\\ -- -- -- -- --\\ 0.05x=4500, \end{cases}$ Thus, $0.05x=4500, x=90000$ and $y=60000$ b) $\begin{cases}0.1x+0.05y=14000\\ x+y=150000, \end{cases}$ Multiplying the second equation by $-0.05$ and adding it to the first equation. $\begin{cases} 0.1x+0.05y=14000\\ -0.05x-0.05y=-7500,\\ -- -- -- -- --\\ 0.05x=6500, \end{cases}$ Thus, $0.05x=6500, x=130000$ and $y=20000$
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