document.write( "Question 356692: a total of 15000 is invested in two funds paying 4%and 5% simple interest. the annual interest is $700. how much is invested in each fund? \n" ); document.write( "
Algebra.Com's Answer #254628 by mananth(16946)\"\" \"About 
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total investment = $15000
\n" ); document.write( "4% --------------- $x
\n" ); document.write( "5%-----------------$15000-x
\n" ); document.write( "..
\n" ); document.write( "interest = $700
\n" ); document.write( "...
\n" ); document.write( "0.04x+0.05(15000-x)=700
\n" ); document.write( "0.04x+750-0.05x=700
\n" ); document.write( "-0.01x=-50
\n" ); document.write( "x= -50/-0.01
\n" ); document.write( "x= 5000 at 4%
\n" ); document.write( "balance 10000 at 5%
\n" ); document.write( "...
\n" ); document.write( "m.ananth@hotmail.ca
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