document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=568939>Question 568939</A>: <I><SPAN STYLE=\"word-break: break-all;\"> John invested $7500 at 10.4% simple interest for one year. How much additional money must he invest at a simple interest rate  of 14% so that the total interest earned is 12% of the total investment ?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #367168 by </B><A HREF=/tutors/aboutme.mpl?userid=lwsshak3><B>lwsshak3(11628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lwsshak3><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=367168\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> John invested $7500 at 10.4% simple interest for one year. How much additional money must he invest at a simple interest rate of 14% so that the total interest earned is 12% of the total investment ?<BR>\n" );
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document.write( "let x=additional money John must invest at 14%<BR>\n" );
document.write( "7500+x=total investment<BR>\n" );
document.write( "..<BR>\n" );
document.write( "10.4%*7500+14%x=12%(7500+x)<BR>\n" );
document.write( "780+.14x=900+.12x<BR>\n" );
document.write( ".02x=120<BR>\n" );
document.write( "x=6000<BR>\n" );
document.write( "ans:<BR>\n" );
document.write( "additional money John must invest at 14%=$6000 </SPAN>\n" );
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