document.write( "Question 679898: An investor has $7000 to invest in two accounts. The first account earns 6% annual simple interest, and the second account earns 10% annual simple interest. How much money should be invested in each account so that the annual simple interest earned is $900? (If not possible, enter IMPOSSIBLE.)
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #422120 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "Let \n" ); document.write( "given: \n" ); document.write( "(1) \n" ); document.write( "(2) \n" ); document.write( "--------------------- \n" ); document.write( "(2) \n" ); document.write( "Multiply both sides of (1) by \n" ); document.write( "and subtract (1) from (2) \n" ); document.write( "(2) \n" ); document.write( "(1) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "It is impossible. \n" ); document.write( "Even if the investor got 10% from both accounts, \n" ); document.write( "the interest would only be $700\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |