document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=54315>Question 54315</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/003039502X/algebrahomeworkh></A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Investing:  Ms. Jones invested $18,000 in two accounts.  One account pays 6% simple interest and the other pays 8%.  Her total interest for the year was $1,290.  How much did she have in each account. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #36577 by </B><A HREF=/tutors/aboutme.mpl?userid=jenrobrody><B>jenrobrody(19)</B></A><img src=\"/images/stars/stars-06.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jenrobrody><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=36577\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 6% account has x dollars<BR>\n" );
document.write( "8% account has 18000-x dollars<BR>\n" );
document.write( "Interest = Principle * Rate * Time<BR>\n" );
document.write( "Interest from 6% account = x(0.06)(1) = 0.06x<BR>\n" );
document.write( "Interest from 8% account = (18000 - x)(0.08)(1) = 0.08(18000 - x)<BR>\n" );
document.write( "Total interest:<BR>\n" );
document.write( "0.06x + 0.08(18000 - x) = 1290<BR>\n" );
document.write( "0.06x + 1440 - 0.08x = 1290<BR>\n" );
document.write( "       -1440           -1440<BR>\n" );
document.write( "                -0.02x = -150<BR>\n" );
document.write( "                     x = 7500<BR>\n" );
document.write( "6% account has 7500 which earns 450 interest<BR>\n" );
document.write( "8% account has 18000-7500 or 10500 dollars which earns 840 interest<BR>\n" );
document.write( "checks out to give a total of 1290 interest </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );