document.write( "Question 182488: Helen invested $10,000 in an account that pays 10% simple interest. How much additional money must be invested in an account that pays 13% simple interest so that the average return on the two investments amounts to 11%? \n" ); document.write( "
Algebra.Com's Answer #136979 by HyperBrain(694)![]() ![]() ![]() You can put this solution on YOUR website! let x=amount invested at 13% \n" ); document.write( "then \n" ); document.write( "x+10000=total money invested\r \n" ); document.write( "\n" ); document.write( "(0.10)10000+0.13x=0.11(x+10000) \n" ); document.write( "1000+0.13x=0.11x+1100 \n" ); document.write( "0.13x=0.11x+100 \n" ); document.write( "0.02x=100 \n" ); document.write( "2x=10000 \n" ); document.write( "x=$5000\r \n" ); document.write( "\n" ); document.write( "To get an average 11% return, Helen must invest $5000 at 13%\r \n" ); document.write( "\n" ); document.write( "Power up, \n" ); document.write( "HyperBrain!\r \n" ); document.write( "\n" ); document.write( "visit my bloghere \n" ); document.write( " |