document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=336652>Question 336652</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose one investment in a money market earned 4.25% annual interest; the other investment in a stock fund earned 7.75% annual interest. Together the two investments totaled $3450. If a total of $230 for the year is earned, how much was invested in each fund? Round to the nearest dollar. Thanks </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #241545 by </B><A HREF=/tutors/aboutme.mpl?userid=nyc_function><B>nyc_function(2741)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=nyc_function><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=nyc_function><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=241545\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 0.0425x + 0.0775 ( 3450 - x) = 230\r<BR>\n" );
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document.write( "0.0425x + 267.375 - 0.0775x = 230\r<BR>\n" );
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document.write( "- 0.035 x = - 37.375\r<BR>\n" );
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document.write( "x = $1068 \r<BR>\n" );
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document.write( "ANSWER: $1068 ( 4.25%) 2382(7.75%) \r<BR>\n" );
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document.write( "NOTE: ALWAYS CHECK YOUR ANSWER.<BR>\n" );
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