document.write( "Question 301399: 3. Mr. Anderson wants to invest $15,000 into two accounts. The interest rate on both accounts is 8% and 11% respectively. How much does he invest in both if he wants $1500 in total interest. \n" ); document.write( "
Algebra.Com's Answer #216138 by checkley77(12844)\"\" \"About 
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.11X+.08(15,000-X)=1,500
\n" ); document.write( ".11X+1,200-.08X=1,500
\n" ); document.write( ".03X=1,500-1,200
\n" ); document.write( ".03X=300
\n" ); document.write( "X=300/.03
\n" ); document.write( "X=10,000 AMOUNT INVESTED @ 11%.
\n" ); document.write( "15,000=10,000=5,000 AMOUNT INVESTED @ 8%.
\n" ); document.write( ".11*10,000+.08*5,000=1,500
\n" ); document.write( "1,100+400=1,500
\n" ); document.write( "1,500=1,500
\n" ); document.write( "
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