document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=912170>Question 912170</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Danny invested some money at 3% simple interest in some money at 7% simple interest. The amount invested at the higher rate was $5000 more than the amount invested at the lower rate. If the total interest on the investments for one year was $834 and how much did he invest at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #553661 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=553661\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Danny invested some money at 3% simple interest in some money at 7% simple interest. The amount invested at the higher rate was $5000 more than the amount invested at the lower rate. If the total interest on the investments for one year was $834 and how much did he invest at each rate?<BR>\n" );
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document.write( "let x=amt invested at 3% <BR>\n" );
document.write( "x+5000=amt invested at 7%<BR>\n" );
document.write( "3%x+7%(x+5000)=834<BR>\n" );
document.write( ".03x+.07x+350=834<BR>\n" );
document.write( ".10x=484<BR>\n" );
document.write( "x=4840<BR>\n" );
document.write( "x+5000=9840<BR>\n" );
document.write( "amt invested at 3%=$4840<BR>\n" );
document.write( "amt invested at 7%=$9840 </SPAN>\n" );
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