document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=339638>Question 339638</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Phil as $20,000, part of which he invests at 8% interest and the rest at 6%.  If his total income from the two investments after one year was $1460, how much did he invest at each rate? \r<BR>\n" );
document.write( "\n" );
document.write( "I actually have the answers on my homework sheet, but for the life of me I cannot remember how to set up this problem.  If you could explain it would be greatly appreciated. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #243313 by </B><A HREF=/tutors/aboutme.mpl?userid=scott8148><B>scott8148(6628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=scott8148><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=scott8148><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=243313\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x(8%) + (20000 - x)(6%) = 1460\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( ".08x + 1200 - .06x = 1460\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( ".02x = 260\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "you can finish this </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );