document.write( "Question 157607: The Rileys have $27,000 to invest. they intend to invest part of the money in certificates of deposit at 8.5% and the remainder in a savings account at 5%. If they wish to receive the same income from each investment, how much should they invest in each? \n" ); document.write( "
| Algebra.Com's Answer #116126 by checkley77(12844)      You can put this solution on YOUR website! .085X=.05(27,000-X) \n" ); document.write( ".085X=1,350-.05X \n" ); document.write( ".085X+.05X=1,350 \n" ); document.write( ".135X=1,350 \n" ); document.write( "X=1,350/.135 \n" ); document.write( "X=10,000 INVESTED @ 8.5% \n" ); document.write( "27,000-10,000=17,000 INVESTED @ 5% \n" ); document.write( "PROOF: \n" ); document.write( ".085*10,000=.05*17,000 \n" ); document.write( "850=850 AMOUNT OF INTEREST FROM EACH ACCOUNT.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |