document.write( "Question 262885: 2. An investment of $5500 is made at an annual simple interest rate of 4.9%. How much additional money must be invested at an annual simple interest rate of 7.4% so that the total interest earned is 6.4% of the total investment?
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Algebra.Com's Answer #193658 by richwmiller(17219)\"\" \"About 
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\n" ); document.write( "Now to problem #2\r
\n" ); document.write( "\n" ); document.write( "5500*.049=269.50
\n" ); document.write( "5500 dollars yields $269.50
\n" ); document.write( "269.50+x*.074=(5500+x)*.064
\n" ); document.write( "x=$8250 must be invested at 7.4% so that the total 8250+5500 yields 6.4%
\n" ); document.write( "(8250+5500)*.064=880
\n" ); document.write( ".074*8250=610.50
\n" ); document.write( "$8250 yields $610.50 at 7.4%
\n" ); document.write( "269.50+610.50=880
\n" ); document.write( "$8250 must be invested at 7.4%
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