document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=59484>Question 59484</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A man has a savings account that pays 1% annual interest and a mutual fund account that pays 11% annually.  His total interest from the two accounts is $1540, and the total amount of money in the two accounts is $20,000.  How much money does he have in the savings account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #40769 by </B><A HREF=/tutors/aboutme.mpl?userid=tutorcecilia><B>tutorcecilia(2152)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=tutorcecilia><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=tutorcecilia><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=40769\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> (1%)(x)+(11%)($20,000-x)=$1540<BR>\n" );
document.write( ".01x+.11(20,000-x)=1540<BR>\n" );
document.write( ".01x+2200-.11x=1540 [Solve for x]<BR>\n" );
document.write( "-.10x=-660<BR>\n" );
document.write( "x=$6600 in the savings account.<BR>\n" );
document.write( ".<BR>\n" );
document.write( "Check by plugging all of the values into the original equation. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );