document.write( "Question 173059: The Pacific investment group invested some money in a certificate of deposit (cd) that earns 6.5% annual simple interest. Twice the amount at 6.5% was invested an a 2nd cd that earns 8.5% annual simple interest. If a total annual interest earned from 2 investments $5875.00 How much was invested at 6.5%. How much was deposited in the certificate of deposit? \n" ); document.write( "
Algebra.Com's Answer #127980 by stanbon(75887)\"\" \"About 
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The Pacific investment group invested some money in a certificate of deposit (cd) that earns 6.5% annual simple interest.
\n" ); document.write( "Twice the amount at 6.5% was invested an a 2nd cd that earns 8.5% annual simple interest.
\n" ); document.write( "If a total annual interest earned from 2 investments $5875.00 How much was invested at 6.5%. How much was deposited in the certificate of deposit?
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\n" ); document.write( "Let \"x\" be amount invested at 6.5%; Interest = 0.065x dollars
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\n" ); document.write( "Then \"2x\" is amt. invested at 8.5%: Interest = 0.085(2x)= 0.17x dollars
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\n" ); document.write( "EQUATION:
\n" ); document.write( "interest + interest = 5875 dollars
\n" ); document.write( "0.065x + 0.17x = 5875
\n" ); document.write( "0.235x = 5875
\n" ); document.write( "x = $25000 dollars (amt invested at 6.5%)
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\n" ); document.write( "2x = $50,000 (amt.invested at 8.5%)
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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