document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=198740>Question 198740</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You have a total of $5,000 and decide to invest part in a bank paying 5% simple interest and in a CD that pays 8%. If you receive a total of $300 from your investments, how much was put 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 #149249 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley75><B>checkley75(3666)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley75><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=149249\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .08x+.05(5,000-x)=300<BR>\n" );
document.write( ".08x+250-.05x=300<BR>\n" );
document.write( ".03x=300-250<BR>\n" );
document.write( ".03x=50<BR>\n" );
document.write( "x=50/.03<BR>\n" );
document.write( "x=1,666.67 invested @ 8%<BR>\n" );
document.write( "5,000-1,666.67=3,333.33 invested @ 5%<BR>\n" );
document.write( "Proof:<BR>\n" );
document.write( ".08*1,666.67+.05*3,333.33=300<BR>\n" );
document.write( "133.33+166.67=300<BR>\n" );
document.write( "300=300 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );