document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=274197>Question 274197</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A MAN INVESTED $20.000 at an annual interest rate of 7% and $ 12,000.00 at an annual interest rate of 7.5%. what was his annual income on the two investments </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #200122 by </B><A HREF=/tutors/aboutme.mpl?userid=calegebra><B>calegebra(14)</B></A><img src=\"/images/stars/stars-06.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=calegebra><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=200122\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A MAN INVESTED $20.000 at an annual interest rate of 7% and $ 12,000.00 at an annual interest rate of 7.5%. what was his annual income on the two investments\r<BR>\n" );
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document.write( "I = prt<BR>\n" );
document.write( "I = ($20000)(.07rate)(1yr)<BR>\n" );
document.write( "I = $1,400 \r<BR>\n" );
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document.write( "I = prt<BR>\n" );
document.write( "I = ($12,000)(.075rate)(1yr)<BR>\n" );
document.write( "i = $900\r<BR>\n" );
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document.write( "Total interest or income is the sum of both ($1,400 + $900)= $2,300 </SPAN>\n" );
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