document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=545751>Question 545751</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A total of $12,000 is invested in two funds paying 3% and 3.4% simple interest. The annual interest is $378. How much is invested in each fund?\r<BR>\n" );
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document.write( "Can you show the steps as well so I can figure out how to do it myself? Thank you! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #355760 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=355760\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Fund A	3.00%		per annum	---x					<BR>\n" );
document.write( "Fund B	3.40%		per annum	---y					<BR>\n" );
document.write( "									<BR>\n" );
document.write( "x		+	y=	12000	------------------------1				<BR>\n" );
document.write( "3.00%	x	+	3.40%	y=	=	$378.00			<BR>\n" );
document.write( "Multiply by 		100							<BR>\n" );
document.write( "3	x	+	3.4	y=	=	$37,800.00		--------2	<BR>\n" );
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document.write( "Multiply (1) by			-3						<BR>\n" );
document.write( "we get									<BR>\n" );
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document.write( "-3	x	-3	y=	=		-36000.00			<BR>\n" );
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document.write( "Add this to (2)									<BR>\n" );
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document.write( "0	x	0.4	y=	=		$1,800.00			<BR>\n" );
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document.write( "divide by		0.4							<BR>\n" );
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document.write( "y	=		$4,500.00 investment at 	3.40%<BR>\n" );
document.write( "Balance			$7,500.00investment at 	3.00%<BR>\n" );
document.write( "CHECK									<BR>\n" );
document.write( "$7,500.00	---------	3.00%	-------	$225.00					<BR>\n" );
document.write( "$4,500.00	-------	3.40%	-------	$153.00					<BR>\n" );
document.write( "Total			--------------	$378.00	\r<BR>\n" );
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document.write( "m.ananth@hotmail.ca				<BR>\n" );
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document.write( " </SPAN>\n" );
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