document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=51678>Question 51678</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0131491040/algebrahomeworkh></A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Wendy, a loan officer at a bank, has 1,000,000 dollars to lend and is required to obtain an average return of 18% per year.  If she can lend at the rate of 19% or at the rate of 16%, how much can she lend at the 16% and still meet her requirement? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #34514 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley71><B>checkley71(8403)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley71><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=34514\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .18*1,000,000=180,000 THUS SHE NEEDS TO INVEST A*.19+(1,000,000-A).16=180,000 OR .19A+160,000-.16A=180,000 OR .03A=180,000-160,000 OR .03A=20,000 OR<BR>\n" );
document.write( "A=20,000/.03 OR A=$666,666.67 INVESTED @ 18% & $333,333.33 INVESTED @ 16%\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );