document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=864854>Question 864854</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Shari wishes to place part of $ 12000 into a savings account earning 8 % simple interest and part into a savings account earning 7.25 % simple interest.  The amount deposited at 8 % is half the amount that is deposited at 7.25 %.  How much should she invest in each if she wishes to earn $ 900 in interest for the year?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #521329 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=521329\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Part I	7.25%		per annum	-------------	Amount invested =x		<BR>\n" );
document.write( "Part II	8.00%		per annum	------------	Amount invested = y		<BR>\n" );
document.write( "	12000						<BR>\n" );
document.write( "Interest-----	900.00						<BR>\n" );
document.write( "							<BR>\n" );
document.write( "Part I	7.25%		per annum	---x			<BR>\n" );
document.write( "Part II	8.00%		per annum	---y			<BR>\n" );
document.write( "Total investment							<BR>\n" );
document.write( "x	+	1	y=	12000	-------------1		<BR>\n" );
document.write( "Interest on both investments							<BR>\n" );
document.write( "7.25%	x	+	8.00%	y=	900		<BR>\n" );
document.write( "Multiply by		100					<BR>\n" );
document.write( "7.25	x	+	8	y=	90000.00	--------2	<BR>\n" );
document.write( "Multiply (1) by			-7.25				<BR>\n" );
document.write( "we get							<BR>\n" );
document.write( "-7.25	x	-7.25	y=	-87000.00			<BR>\n" );
document.write( "Add this to (2)							<BR>\n" );
document.write( "0	x	0.75	y=	3000			<BR>\n" );
document.write( "divide by		0.75					<BR>\n" );
document.write( "			y	=	4000		<BR>\n" );
document.write( "Part I	7.25%	$	8000				<BR>\n" );
document.write( "Part II	8.00%	$	4000				<BR>\n" );
document.write( "							<BR>\n" );
document.write( "CHECK							<BR>\n" );
document.write( "8000	---------	7.25%	-------	580.00			<BR>\n" );
document.write( "4000	-------------	8.00%	-------	320.00			<BR>\n" );
document.write( "Total			--------------------	900.00			<BR>\n" );
document.write( "							<BR>\n" );
document.write( "m.ananth@hotmail.ca							<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );