document.write( "Question 789240: Please help me solve this equation. How can $54,000 be invested, part at 8% annual simple interest and the remainder at 10% annual simple interest, so that the interest earned by the two accounts will be equal.\r
\n" ); document.write( "\n" ); document.write( "This is how the question is written in the textbook. Please help. Thanks. Michael Armani
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Algebra.Com's Answer #478785 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
Let \"+x+\" = amount invested at 8%
\n" ); document.write( "\"+54000+-+x+\" = amount invested at 10%
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\n" ); document.write( "\"+.08x+\" = interest earned from 8% investment
\n" ); document.write( "\"+.1%2A%28+54000+-+x+%29+\" = interest earned from 10% investment
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\n" ); document.write( "The interest earned by the two accounts are equal, so
\n" ); document.write( "\"+.08x+=+.1%2A%28+54000+-+x+%29+\"
\n" ); document.write( "\"+.08x+=+5400+-+.1x+\"
\n" ); document.write( "\"+.18x+=+5400+\"
\n" ); document.write( "\"+x+=+30000+\"
\n" ); document.write( "\"+54000+-+x+=+24000+\"
\n" ); document.write( "$30,000 should be invested at 8%
\n" ); document.write( "$24,000 should be invested at 10%
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