document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=912752>Question 912752</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Bambi invests a total of $6,000 in two accounts. The first account collects 9% interest for four years and the second investment earns 7% interest for three years. Surprisingly, Bambi earns the same amount of interest from each account. To the nearest cent, how much interest did he collect?\r<BR>\n" );
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document.write( "Can you please help me. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #554013 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=554013\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Bambi invests a total of $6,000 in two accounts. The first account collects 9% interest for four years and the second investment earns 7% interest for three years. Surprisingly, Bambi earns the same amount of interest from each account. To the nearest cent, how much interest did he collect?<BR>\n" );
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document.write( "Interest = Interest<BR>\n" );
document.write( "4*0.09x = 3*0.07(6000-x)<BR>\n" );
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document.write( "0.36x = 0.21*6000 - 0.21x<BR>\n" );
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document.write( "0.57x = 1260<BR>\n" );
document.write( "x = $2210.53 (amt invested at 9%)<BR>\n" );
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document.write( "6000-x = 6000-2210.53 = $3789.47 (amt invested 7%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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