document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=360276>Question 360276</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A total of $11,000 is invested in two funds paying 7% and 8% simple interest. If the yearly interest is $865, find the amount invested at each rate. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #257091 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=257091\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A total of $11,000 is invested in two funds paying 7% and 8% simple interest. If the yearly interest is $865, find the amount invested at each rate.<BR>\n" );
document.write( "...<BR>\n" );
document.write( "7%    ------ $x<BR>\n" );
document.write( "and 8% --------$11000-x<BR>\n" );
document.write( "simple interest= $865<BR>\n" );
document.write( "..<BR>\n" );
document.write( "0.07x+0.08(11000-x)=865<BR>\n" );
document.write( "multiply by100<BR>\n" );
document.write( "7x+88000-8x=86500<BR>\n" );
document.write( "-x=-1500<BR>\n" );
document.write( "x= 1500 @ 7%<BR>\n" );
document.write( "$9500   @8%<BR>\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
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