document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=24949>Question 24949</A>: <I><SPAN STYLE=\"word-break: break-all;\"> an investment of $20,000 is made in a 10.5% simple interest account. How much additional money must be deposited into an 8% simple interest account so that the total interest earned on both accounts is 9% of the total investment? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #13335 by </B><A HREF=/tutors/aboutme.mpl?userid=wuwei96815><B>wuwei96815(245)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=wuwei96815><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=13335\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let x = the additional money that needs to be deposited.  Let's write an equation that shows the relationship between the two accounts.\r<BR>\n" );
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document.write( "10.5%(20,000) + 8%(x) = 9%(20,000 + x)<BR>\n" );
document.write( "2,100 + .08x = 1,800 + .09x<BR>\n" );
document.write( "2,100 - 1,800 = .09x - .08x<BR>\n" );
document.write( "300 = .01x<BR>\n" );
document.write( "30,000 = x\r<BR>\n" );
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document.write( "I hope that is right. </SPAN>\n" );
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