document.write( "Question 368757: Jerry invested $7000, part at 8% simple interest and the rest at 5% simple interest for a period of 1 year. If he received a total annual interest of $476 from both investments, how much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #262719 by rfer(16322)\"\" \"About 
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0.08x+0.05(7000-x)=476
\n" ); document.write( "0.08x+350-0.05x=476
\n" ); document.write( "0.03x=126
\n" ); document.write( "x=4200 at 8%
\n" ); document.write( "7000-x=2800 at 5%
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