document.write( "Question 713267: Bernice Invested $120,000. She put some in an account that pays 4% interest per year and the remainder she invested in an account that pays 7% per year. If she earned $7,800 in one year, how much was invested at each rate? Write an equation. \n" ); document.write( "
Algebra.Com's Answer #438346 by stanbon(75887)\"\" \"About 
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Bernice Invested $120,000. She put some in an account that pays 4% interest per year and the remainder she invested in an account that pays 7% per year. If she earned $7,800 in one year, how much was invested at each rate? Write an equation.
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\n" ); document.write( "Equation:
\n" ); document.write( "interest + interest = interest
\n" ); document.write( "0.04x + 0.07(120,000-x) = 7800
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\n" ); document.write( "4x + 7*120000 - 7x = 780000
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\n" ); document.write( "-3x = -60000
\n" ); document.write( "x = $20,000 (amt. invested at 4%
\n" ); document.write( "120,000-x = $100,000 (amt. invested at 7%)
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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