document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=63886>Question 63886</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Toya had part of his $5000 savings in an account that earned 7% interest and the rest in an account that earned 9% interest. How much did he have in each account if his annual from the total investment was $404.20? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #44767 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=44767\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Mr. Toya had part of his $5000 savings in an account that earned 7% interest and the rest in an account that earned 9% interest. How much did he have in each account if his annual from the total investment was $404.20?<BR>\n" );
document.write( "------------<BR>\n" );
document.write( "Let amount invested at 7% be x: interest in this is 0.07x dollars<BR>\n" );
document.write( "Amount invested at 9% is \"5000-x\"; interest in this is 0.09(5000-x)=450-0.09x<BR>\n" );
document.write( "-----------<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "interest + interest = 404.20<BR>\n" );
document.write( "0.07x+450-0.09x=404.20<BR>\n" );
document.write( "-0.02x=-45.8<BR>\n" );
document.write( "x=$2290 (amount invest at 7%)<BR>\n" );
document.write( "5000-x = 5000-3390=$2710 (amount invested at 9%)<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );