document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=338676>Question 338676</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Katie invested $6000, a portion earning a simple interest rate of 3.25% per year and the rest earning a simple interest rate of 4% per year.  After one year the total interest earned on these investments is $199.50. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #242751 by </B><A HREF=/tutors/aboutme.mpl?userid=nerdybill><B>nerdybill(7384)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=nerdybill><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=nerdybill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=242751\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Katie invested $6000, a portion earning a simple interest rate of 3.25% per year and the rest earning a simple interest rate of 4% per year.  After one year the total interest earned on these investments is $199.50.<BR>\n" );
document.write( ".<BR>\n" );
document.write( "Let x = amount invested at 3.25%<BR>\n" );
document.write( "then<BR>\n" );
document.write( "6000-x = amount invested at 4%<BR>\n" );
document.write( ".<BR>\n" );
document.write( ".0325x +.04(6000-x) = 199.50<BR>\n" );
document.write( ".0325x + 240 - .04x = 199.50<BR>\n" );
document.write( "240 - .0075x = 199.50<BR>\n" );
document.write( "-.0075x = -40.5<BR>\n" );
document.write( "x = $5400 (amount invested at 3.25%)<BR>\n" );
document.write( ".<BR>\n" );
document.write( "amount invested at 4%:<BR>\n" );
document.write( "6000-x = 6000-5400 = $600\r<BR>\n" );
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document.write( " </SPAN>\n" );
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