document.write( "Question 201454: An investment club invested $5000 at an annual simple interest rate of 8.4%. How much additional money must be invested at an annual simple interest rate of 10.5% so that the total interest earned will be 9% of the total investment? \n" ); document.write( "
Algebra.Com's Answer #151683 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 0.084(5000)+.105x=(5000+x).09 \n" ); document.write( "420+.105x=450+.09x \n" ); document.write( ".015x=30 \n" ); document.write( "x=2000 \n" ); document.write( "----------------- \n" ); document.write( "check \n" ); document.write( "5000*.084=420 \n" ); document.write( "2000*.105=210 \n" ); document.write( "7000*.09=630 \n" ); document.write( " |