document.write( "Question 712604: Tori invested $8000 in money market funds. Part was invested at 5% simple interest and the rest was invested at 7% simple interest. At the end of 1 year, Tori had earned $496 in interest. How much did she invest in each fund? \n" ); document.write( "
Algebra.Com's Answer #438068 by Menjax(62)\"\" \"About 
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x=funds in company a
\n" ); document.write( "y=funds in company b
\n" ); document.write( "x+y=8000 (equation 1)
\n" ); document.write( "x+(5x/100)+y+(7y/100)=8496
\n" ); document.write( "105x+107y=849600 (equation 2)
\n" ); document.write( "sub 1 into 2
\n" ); document.write( "105(8000-y)+107y=849600
\n" ); document.write( "840000-105y+107y=849600
\n" ); document.write( "2y=9600
\n" ); document.write( "--->y=4800
\n" ); document.write( "sub y into 1
\n" ); document.write( "x+4800=8000
\n" ); document.write( "--->x=3200
\n" ); document.write( ":)
\n" ); document.write( "
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