document.write( "Question 509209: Herschall has $18,000 to invest. He invest 2/3 in one account and the rest in a second account. The first returned 2% more than the second account. The total return on his investment was $1050. What were the percentage rates of the two accounts. \n" ); document.write( "
Algebra.Com's Answer #341333 by stanbon(75887)\"\" \"About 
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Herschall has $18,000 to invest. He invest 2/3 in one account and the rest in a second account.
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\n" ); document.write( "(2/3)18000 = 12,000
\n" ); document.write( "(1/3)18000 = 6,000
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\n" ); document.write( "The first returned 2% more than the second account. The total return on his investment was $1050. What were the percentage rates of the two accounts.
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\n" ); document.write( "Equation:
\n" ); document.write( "interest + interest = 1050
\n" ); document.write( "12000x + 6000(x+0.02) = 1050
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\n" ); document.write( "12000x + 6000x + 120 = 1050
\n" ); document.write( "18000x + 120 = 1050
\n" ); document.write( "18000x = 930
\n" ); document.write( "x = 0.0517 = 5.17% (rate on the 12000)
\n" ); document.write( "x+0.02 = 7.17% (rate on the 6000)
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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