document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=54319>Question 54319</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Investing.  John invests twice as much money at 6% as he does 5%.  If his investments earn a total of $680 in 1 year, how much does he have invested at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #36584 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=36584\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> John invests twice as much money at 6% as he does 5%. If his investments earn a total of $680 in 1 year, how much does he have invested at each rate?<BR>\n" );
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document.write( "Let amount invested at 5% be \"x\".<BR>\n" );
document.write( "Interest on that money is 0.05x dollars<BR>\n" );
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document.write( "Amount invested at 6% is \"2x\".<BR>\n" );
document.write( "Interest on that money is 0.06(2x)=0.12x<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "0.05x + 0.12x = 680<BR>\n" );
document.write( "0.17x=680<BR>\n" );
document.write( "x=$4000 (Amount invested at 5%)<BR>\n" );
document.write( "2x=$8000 (Amount invested at 6%)<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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