document.write( "Question 211311This question is from textbook College Algebra
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document.write( ": If Fran invests $8200 at 6% per year, how much additional money must she invest at 8% to ensure that the interest she receives each year is 7% of the total investment. \n" );
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Algebra.Com's Answer #159687 by checkley77(12844) ![]() You can put this solution on YOUR website! .06*8,200+.08X=.07(8,200+X) \n" ); document.write( "492+.08X=574+.07X \n" ); document.write( ".08X-.07X=574-492 \n" ); document.write( ".01X=82 \n" ); document.write( "X=82/.01 \n" ); document.write( "X=8,200 IS THE ADDITIONAL INVESTMENT NEEDED @ 8% TO GET THE 7% ON THE TOTAL INVESTMENT. \n" ); document.write( "PROOF: \n" ); document.write( ".06*8,200+.08*8,200=.07(8,200+8,200) \n" ); document.write( "492+656=.07*16,400 \n" ); document.write( "1,148=1,148 \n" ); document.write( " |