document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=910285>Question 910285</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $2500 is to be deposited in Banks A and B. The interest rate per annum for Bank A is 6% while that for Bank B is 6,5%. After one year, their interests are equal. How much money is to be deposited in each bank? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #552356 by </B><A HREF=/tutors/aboutme.mpl?userid=richwmiller><B>richwmiller(17219)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=richwmiller><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=richwmiller><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=552356\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x+y=2500<BR>\n" );
document.write( "6/100*x=6.5/100*y<BR>\n" );
document.write( "0.06*x=0.065*y<BR>\n" );
document.write( "x+y=2500<BR>\n" );
document.write( "We substitute for x<BR>\n" );
document.write( "0.06*(2500-y)=0.065*y<BR>\n" );
document.write( "We multiply out<BR>\n" );
document.write( "0.06*2500-0.06y=0.065*y<BR>\n" );
document.write( "We combine like terms.<BR>\n" );
document.write( "1500=1.25*y<BR>\n" );
document.write( "Isolate y<BR>\n" );
document.write( "y=1200.0 at 6.5%<BR>\n" );
document.write( "Calculate x<BR>\n" );
document.write( "x+y=2500<BR>\n" );
document.write( "x=1300 at 6%<BR>\n" );
document.write( "Now,we know the total invested is: 2500<BR>\n" );
document.write( "Total invested $1300+$1200=$2500<BR>\n" );
document.write( "We check<BR>\n" );
document.write( "0.06*1300=0.065*1200<BR>\n" );
document.write( "78=78.0<BR>\n" );
document.write( "ok<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );