document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=839158>Question 839158</A>: <I><SPAN STYLE=\"word-break: break-all;\"> you invested $29,000 in two accounts paying 3% and 8% annual interest, respectively. If you total the interest earned for the year was $1220, how much was 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 #505569 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=505569\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  you invested $29,000 in two accounts paying 3% and 8% annual interest, respectively. If you total the interest earned for the year was $1220, how much was invested at each rate?<BR>\n" );
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document.write( "Quantity: t + e = 29000<BR>\n" );
document.write( "Interest:3t +8e = 122000<BR>\n" );
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document.write( "Modify:<BR>\n" );
document.write( "3t + 3e = 3*29000<BR>\n" );
document.write( "3t + 8e = 122000<BR>\n" );
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document.write( "Subtract and solve for \"e\":<BR>\n" );
document.write( "5e = 35000<BR>\n" );
document.write( "e = $7000 (amt. invested at 8%)<BR>\n" );
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document.write( "t = 29000-7000 = $22000 (amt. invested at 3%)<BR>\n" );
document.write( "====================================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );