document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=23197>Question 23197</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hi,<BR>\n" );
document.write( "I have been working this problem and I can not get the proper answer. Please help!<BR>\n" );
document.write( "Whitney invested $38,000, part at 2% and part at 12%.  If the total interest at the end of the year is $2,760, how much did she invest at 2%?\r<BR>\n" );
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document.write( "Thank you<BR>\n" );
document.write( "Sherri </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #11862 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=11862\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let amount invested at 2% be \"x\"<BR>\n" );
document.write( "Then amount invested at 12% is \"38000-x\"<BR>\n" );
document.write( "Interest at 2% is 0.02x<BR>\n" );
document.write( "Interest at 12% is 0.12(38000-x)= 4560-o.12x<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "  Int. at 2% + Int. at 12% = $2760<BR>\n" );
document.write( "     0.02x + 4560-0.12x = 2760<BR>\n" );
document.write( "        2x + 456000- 12x = 276000<BR>\n" );
document.write( "                   -10x = -180000<BR>\n" );
document.write( "                      x = $18,000  (amount invested at 2%)<BR>\n" );
document.write( "               38000-x = $20000    (amount invested at 12%)\r<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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