document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=458796>Question 458796</A>: <I><SPAN STYLE=\"word-break: break-all;\"> please help me solve this problem. a person wishes to invest $20.000 int two enterprises so total income per year will be $1440. one enterprise pay 6% annualy, the other has more risk and pays 7,5% annualy. how much must be invested in each? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #314720 by </B><A HREF=/tutors/aboutme.mpl?userid=amoresroy><B>amoresroy(361)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=amoresroy><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=amoresroy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=314720\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let       x = investment at 6% annually<BR>\n" );
document.write( "  20,000- x = investment at 7.5% annually\r<BR>\n" );
document.write( "\n" );
document.write( "Equation:<BR>\n" );
document.write( ".06x + .075(20,000-x) = 1440<BR>\n" );
document.write( ".06x + 1500 -.075x = 1440<BR>\n" );
document.write( ".015x = 60<BR>\n" );
document.write( "x = 4000<BR>\n" );
document.write( "20,000 - x = 16,000\r<BR>\n" );
document.write( "\n" );
document.write( "$4,000 must be invested at 6% and $16,000 must be invested at 7.5%\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );