document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=34126>Question 34126</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A total of $15,000 is deposited into two simple interest accounts.  The annual interest rate in one account is 14% and annual interest rate in the second account is 10%.  How much must be invested into each account to earn $1740 in interest? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #20497 by </B><A HREF=/tutors/aboutme.mpl?userid=venugopalramana><B>venugopalramana(3286)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=venugopalramana><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.geocities.com/venugopalramana/FREE_MATHS_ASSISTANCE.html valign=middle><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=20497\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> SEE THE FOLLOWING AND TRY.<BR>\n" );
document.write( "INVESTMENT CLUBS: Part of $8000.00 was invested by an investment club at 10% interest and the rest at 12%. If the annual income from these investments is $900.00, how much was invested at each rate?<BR>\n" );
document.write( "Thank you so much!!<BR>\n" );
document.write( "1 solutions<BR>\n" );
document.write( "Answer 20494 by venugopalramana(1483) About Me  on 2006-04-19 06:55:45 (Show Source):<BR>\n" );
document.write( "Part of $8000.00 was invested by an investment club at 10% interest<BR>\n" );
document.write( "LET THIS INVESTMENT BE X...SO INTERST ON THIS IS..I=PNR/100=X*1*10/100=10X/100<BR>\n" );
document.write( "and the rest at 12%.<BR>\n" );
document.write( "REST OF THE MONEY IS (8000-X)...SO INTEREST ON THIS IS =(8000-X)*1*12/100<BR>\n" );
document.write( "If the annual income from these investments is $900.00, how much was invested at each rate?<BR>\n" );
document.write( "TOTAL INCOME =10X/100 + (8000-X)*12/10=900<BR>\n" );
document.write( "(10X+96000-12X)/100=900<BR>\n" );
document.write( "-2X+96000=90000<BR>\n" );
document.write( "2X=96000-90000=6000<BR>\n" );
document.write( "X=3000<BR>\n" );
document.write( "HENCE 3000 IS INVESTED AT 10% AND REST 5000 INVESTED AT 12%  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );