document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=184685>Question 184685</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Scott invests $1260 more at 8% than he invests at 12%. The interest from the two investments is the same. How much did he invest at 8%? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #138594 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=138594\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Scott invests $1260 more at 8% than he invests at 12%. The interest from the two investments is the same. How much did he invest at 8%?<BR>\n" );
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document.write( "Let amt. invested at 12% be \"x\".<BR>\n" );
document.write( "Then amt. invested at 8% is \"1260+x\"<BR>\n" );
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document.write( "interest = interest<BR>\n" );
document.write( "0.12x = 0.08(1260+x)<BR>\n" );
document.write( "12x = 8*1260 + 8x<BR>\n" );
document.write( "4x = 8*1260<BR>\n" );
document.write( "x = $2520 (amt. invested at 12%)<BR>\n" );
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document.write( "1260 + x = 1260 + 2520 = $3780 (amt. invested at 8%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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