document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=972166>Question 972166</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hakim invested $15,000. He put part in a term deposit  that paid 4% per annum, and the remainder in T - bills at 5% per annum. After one year the total interest earned was $690. How much did Hakim 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 #594543 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=594543\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x=4% investment amount<BR>\n" );
document.write( "15000-x= 5%  investment amount\r<BR>\n" );
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document.write( "690=.04x + .05 (15000-x)    since the interest earned is the principal *rate* time, which is one year, or 1\r<BR>\n" );
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document.write( "690=0.04x+ 750-.05x<BR>\n" );
document.write( "-60=0.01x<BR>\n" );
document.write( "multiply by (-100)\r<BR>\n" );
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document.write( "$6000=x  That makes $240 at 4%<BR>\n" );
document.write( "$9000=15000-x.  That makes $450 at 5%   ;  total interest is 690.  Checks. </SPAN>\n" );
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