document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=581678>Question 581678</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A total of $10,000 is invested in two funds paying 5% and 7% annual interest. The combined annual interest is $630. How much of the $10,000 is invested in each fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #371778 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=371778\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A total of $10,000 is invested in two funds paying 5% and 7% annual interest. The combined annual interest is $630. How much of the $10,000 is invested in each fund?<BR>\n" );
document.write( "----<BR>\n" );
document.write( "Equation:<BR>\n" );
document.write( "interest + interest = 630<BR>\n" );
document.write( "0.05x + 0.07(10,000-x) = 630<BR>\n" );
document.write( "----<BR>\n" );
document.write( "Multiply thru by 100 and solve for \"x\":<BR>\n" );
document.write( "5x + 7*10,000 - 7x = 63000<BR>\n" );
document.write( "-2x = -7000<BR>\n" );
document.write( "x = $3500 (amt. invested at 5%)<BR>\n" );
document.write( "10,000-x = $6500 (amt. invested at 7%)<BR>\n" );
document.write( "==========================================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "=============== </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );