document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=268140>Question 268140</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A person invested a sum of money at 9% annual simple interest and invested twice that amount at 11% annual simple interest. If the total yearly income from both investments was $1,395 how much was invested at each rate?\r<BR>\n" );
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document.write( "Thank you for your help. It's greatly appreciated. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #196731 by </B><A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><B>ankor@dixie-net.com(22740)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><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/cgi-bin/show-face.mpl?user=ankor@dixie-net.com><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=196731\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A person invested a sum of money at 9% annual simple interest and invested twice that amount at 11% annual simple interest.<BR>\n" );
document.write( " If the total yearly income from both investments was $1,395 how much was invested at each rate? <BR>\n" );
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document.write( "Let x = amt invested at 9%<BR>\n" );
document.write( "then<BR>\n" );
document.write( "2x = amt invested at 11%<BR>\n" );
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document.write( "a total interest equation<BR>\n" );
document.write( ".09x + .11(2x) = 1395<BR>\n" );
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document.write( ".09x + .22x = 1395<BR>\n" );
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document.write( ".31x = 1395<BR>\n" );
document.write( "x = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1395%2F.31 ALIGN=MIDDLE  ALT=\"1395%2F.31\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "x = $4500 invested at 9%<BR>\n" );
document.write( "and, obviously:<BR>\n" );
document.write( "2(4500) = $9000 invested at 11%<BR>\n" );
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document.write( "Check this by finding the total interest with these values:<BR>\n" );
document.write( ".09(4500) + .11(9000) = <BR>\n" );
document.write( "405 + 990 = 1395 </SPAN>\n" );
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