An actor invests some money at 6​%, and ​$44000 more than four times the amount at 8 %. The total annual interest earned from the investment is ​$43800. How much did he invest at each​ amount?

Question

Help would be appreciated

Answer 1

.06(44000 + 4x) + .08x = 43800 where x is amount invested at 8%

264 +.24x +.08x = 43800

.32x = 43536

x = 43536/.32 = $136,050 at 8%

$588,200 at 6%