document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=887787>Question 887787</A>: <I><SPAN STYLE=\"word-break: break-all;\"> After one interest period, the interest earned on a $7000 investment exceeds the interest earned on a $5000 investment by $160. The interest rate for the $5000 investment is 1.6% greater than the interest rate for the $5000 investment. Find the interest rates for the two investments. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #537231 by </B><A HREF=/tutors/aboutme.mpl?userid=lwsshak3><B>lwsshak3(11628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lwsshak3><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=537231\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> After one interest period, the interest earned on a $7000 investment exceeds the interest earned on a $5000 investment by $160. The interest rate for the $5000 investment is 1.6% greater than the interest rate for the $7000 investment. Find the interest rates for the two investments.<BR>\n" );
document.write( "***<BR>\n" );
document.write( "let x=interest rate for the $7000 investment<BR>\n" );
document.write( "x+.016=interest rate for the $5000 investment<BR>\n" );
document.write( "7000x-5000(x+.016)=160<BR>\n" );
document.write( "7000x-5000x+80=160<BR>\n" );
document.write( "2000x=80<BR>\n" );
document.write( "x=80/2000<BR>\n" );
document.write( "x=.04<BR>\n" );
document.write( "x+.016=0.056<BR>\n" );
document.write( "interest rate for the $7000 investment=4.0%<BR>\n" );
document.write( "interest rate for the $5000 investment=5.6% </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );