document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=668425>Question 668425</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You have already invested $550 in a stock with an annual return of 11%.  How much more should be invested at 15% so that the return on the total investment is 12%?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #415530 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=415530\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You have already invested $550 in a stock with an annual return of 11%. How much more should be invested at 15% so that the return on the total investment is 12%?<BR>\n" );
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document.write( "Equation:<BR>\n" );
document.write( "interest + interest = interest<BR>\n" );
document.write( "0.11*550 + 0.15x = 0.12(550+x)<BR>\n" );
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document.write( "11*550 + 15x = 12*550 + 12x<BR>\n" );
document.write( "3x = 550<BR>\n" );
document.write( "x = 183.33 (amt. to be invested at 15%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "stan H. </SPAN>\n" );
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