document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=711059>Question 711059</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A total of $6600 is deposited into two simple interest accounts. On one account the annual simple interest rate is 5%, and on the second account the annual simple interest rate is 7%. The amount of interest earned for 1 year was $382. How much was invested in each account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #437272 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=437272\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A total of $6600 is deposited into two simple interest accounts. On one account the annual simple interest rate is 5%, and on the second account the annual simple interest rate is 7%. The amount of interest earned for 1 year was $382. How much was invested in each account?<BR>\n" );
document.write( "**<BR>\n" );
document.write( "let x=amt invested at 5% interest rate (1st acct)<BR>\n" );
document.write( "6600-x=amt invested at 7% interest rate (2nd acct)<BR>\n" );
document.write( "..<BR>\n" );
document.write( "5%x+7%(6600-x)=382<BR>\n" );
document.write( ".05x+462-.07x=382<BR>\n" );
document.write( ".02x=80<BR>\n" );
document.write( "x=4000<BR>\n" );
document.write( "6600-x=2600<BR>\n" );
document.write( "amt invested at 5% interest rate (1st acct)=$4000<BR>\n" );
document.write( "amt invested at 7% interest rate (2nd acct)=$2600 </SPAN>\n" );
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