document.write( "Question 987913: An account executive deposited $36,000 into two simple interest accounts. On the tax-free account the annual simple interest rate is 2.5%, and on the money market fund the annual simple interest rate is 3.5%. How much should be invested in each account so that both accounts earn the same annual interest? \n" ); document.write( "

Algebra.Com's Answer #608614 by solver91311(24713) $\"\"$ $\"About$

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\n" ); document.write( "\n" ); document.write( "Let

represent the amount invested at 3.5%, then

is the amount invested at 2.5%.\r
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\n" ); document.write( "\n" ); document.write( "Solve for

and calculate

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\n" ); document.write( "\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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