document.write( "Question 976089: I have tried so many times but can not figure this one out...
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document.write( "You have a total of $15 000 to deposit into two simple interest accounts. On one account, the annual simple interest is 5.5%, on the second 7%. How much should be invested in each account so that the total annual interest earned is $635. \n" );
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Algebra.Com's Answer #597742 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "in the 5.5% interest account \n" ); document.write( " \n" ); document.write( "in the 7% interest account \n" ); document.write( "-------------------------------- \n" ); document.write( "I can now say: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Something is wrong -this is more than the original \n" ); document.write( "$15,000 that was invested. \n" ); document.write( "Suppose $15,000 was all invested at the lower rate: \n" ); document.write( "5.5% \n" ); document.write( " \n" ); document.write( "So, there is absolutely no way you can make less than \n" ); document.write( "$825 with these two investments -you can't make $635 \n" ); document.write( "------------ \n" ); document.write( "Are you sure you copied this correctly? \n" ); document.write( "I don't think it can be done\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |