document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=991409>Question 991409</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Juanita has &#8203;$24,000 to invest in two accounts that pay simple interest on an annual basis. One account pays 5&#8203;% in simple&#8203; interest, and the other pays 4&#8203;% simple interest. How much would she have to invest in each account to earn a total interest of &#8203;$1,130 after one&#8203; year? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #611309 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=611309\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Juanita has &#8203;$24,000 to invest in two accounts that pay simple interest on an annual basis. One account pays 5&#8203;% in simple&#8203; interest, and the other pays 4&#8203;% simple interest. How much would she have to invest in each account to earn a total interest of &#8203;$1,130 after one&#8203; year?\r<BR>\n" );
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document.write( "let x=amt invested in 5% account<BR>\n" );
document.write( "24000-x=amt invested in 4% account<BR>\n" );
document.write( ".05x+.04(24000-x)=1130<BR>\n" );
document.write( ".05x+960-.04x=1130<BR>\n" );
document.write( ".01x=170<BR>\n" );
document.write( "x=17000<BR>\n" );
document.write( "24000-17000=7000<BR>\n" );
document.write( "amt invested in 5% account=$17000<BR>\n" );
document.write( "amt invested in 4% account=$7000 </SPAN>\n" );
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