document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=405986>Question 405986</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Simon invests a total of $7003 in two savings accounts.  One account yields 7.5% simple interest and the other 8.5% simple interest.  He would like to find the amount placed in each account if a total of $582.33 in interest is received after one year.  Write a system of linear equations to express this problem. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #286610 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=286610\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> TOTAL INVESTMENT GIVEN. FIND INDIVIDUAL AMOUNT							<BR>\n" );
document.write( "7.50%		per annum	-------------	x<BR>\n" );
document.write( "8.50%		per annum	------------	y<BR>\n" );
document.write( "total investment $7003			<BR>\n" );
document.write( "Interest-----	$582.33			\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "..<BR>\n" );
document.write( "x+y= 7003	------------------------1				<BR>\n" );
document.write( "7.50%x	+8.50%y	=$582.33			<BR>\n" );
document.write( "Multiply by 100							<BR>\n" );
document.write( "7.5x+8.5y=$58,233.00--------2	<BR>\n" );
document.write( "									<BR>\n" );
document.write( "Multiply (1) by	-7.5						<BR>\n" );
document.write( "we get									<BR>\n" );
document.write( "									<BR>\n" );
document.write( "-7.5x-7.5y=-52522.5			<BR>\n" );
document.write( "									<BR>\n" );
document.write( "Add this to (2)									<BR>\n" );
document.write( "									<BR>\n" );
document.write( "0+1y=$5,710.50			<BR>\n" );
document.write( "									<BR>\n" );
document.write( "							<BR>\n" );
document.write( "									<BR>\n" );
document.write( "y=$5,710.50	investment at 	8.50%<BR>\n" );
document.write( "Balance	$1,292.50investment at 	7.50%\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );