document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=64557>Question 64557</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0028253337/algebrahomeworkh>Algebra 1</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Hiriko invested $11,700,part at 5% interest and the balance at 7% interest.If her annaul earnings from both investments is $733,how much is invested at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #45164 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=45164\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hiriko invested $11,700,part at 5% interest and the balance at 7% interest.If her annaul earnings from both investments is $733,how much is invested at each rate?<BR>\n" );
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document.write( "Let amount invested at 5% be \"x\"; interest on this is 0.05x dollars<BR>\n" );
document.write( "Amount invested at 7% is \"11700-x\"; interest on this is 0.07(11700-x)<BR>\n" );
document.write( "=819-0.07x dollars<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "interest + interest = 733 dollars<BR>\n" );
document.write( "0.05x+819-0.07x=733<BR>\n" );
document.write( "-0.02x=-86<BR>\n" );
document.write( "x=$4300 (amount invested at 5%)<BR>\n" );
document.write( "11700-4300=$7400 (amount invested at 7%)<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );