document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=862539>Question 862539</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 7% in interest and the other pays 3% in interest, how much does he have in each account if he earned a total of $1,240 in interest in 1 year?\r<BR>\n" );
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document.write( "He invested $_____ in the 7% account and $______ in the 3% account. </SPAN>\n" );
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document.write( "Hi, Previously Posted<BR>\n" );
document.write( ".07x + .03($20000-x) = $1240<BR>\n" );
document.write( "               x = $640/.04 = $16,000 at 7% and $4000 at 3% </SPAN>\n" );
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