document.write( "Question 856627: Could you lay this problem out for me: A professional athlete deposited an amount of money into a high-yield fund that erns 13% annual simple interest. A second deposit, $2500 more than the first, was placed in a CD earning 7% annual interest. The total interest earned in one year was $475. How much was invested in the mutual fund? \n" ); document.write( "
Algebra.Com's Answer #516081 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! Let the amount at 13% be A, 7% B. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Substitute from the first equation for B and then solve for A. \n" ); document.write( "Then go back and solve for B. \n" ); document.write( " |