document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=328820>Question 328820</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Tori invested $8000 in money market funds. Part was invested at 5% simple interest, and the rest was invested at 7% simple interest. At the end of 1 year, Tori had earned $496 in interest. How much did she invest in each fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #235663 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=235663\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .07x+.05(8,000-x)=496<BR>\n" );
document.write( ".07x+400-.05x=496<BR>\n" );
document.write( ".02x=496-400<BR>\n" );
document.write( ".02x=96<BR>\n" );
document.write( "x=96/.02<BR>\n" );
document.write( "x=4,800 amount invested @ 7%.<BR>\n" );
document.write( "8,000-4,800=3,200 amount invested @ 5%.<BR>\n" );
document.write( "Proof:<BR>\n" );
document.write( ".07*4,800+.05*3,200=496<BR>\n" );
document.write( "336+160=496<BR>\n" );
document.write( "496=496\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );