document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=166030>Question 166030</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/1579243258/algebrahomeworkh>Algebra1</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Joe has $6500.00 to invest. Part of this will be invested in a savings account yielding 4% and part in a municipal bond yielding 7.5%. If he earns $438.50 each year in interest, how much will be invested in each account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #122365 by </B><A HREF=/tutors/aboutme.mpl?userid=elima><B>elima(1433)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=elima><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=122365\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> first account = .075x<BR>\n" );
document.write( "second account = .04(6500-x)<BR>\n" );
document.write( "438.5 = .075x + 260 - .04x<BR>\n" );
document.write( "438.5 = .035x + 260<BR>\n" );
document.write( "178.5 = .035x<BR>\n" );
document.write( "5100 = x<BR>\n" );
document.write( "==================<BR>\n" );
document.write( "first account = $5100.00<BR>\n" );
document.write( "second account = 6500 - 5100 = $1400.00<BR>\n" );
document.write( ":) </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );