document.write( "Question 84984: Investment
\n" ); document.write( "You plan to invest $25,000 in two funds paying 3% and 4 1/2% simple interest. YOur goal is to obtain a total annual interest income of $1,000 from the investments. What is the smallest amount you can invest in the 4 1/2 % fund in order to meet your objective?\r
\n" ); document.write( "\n" ); document.write( "The answer is $16,666.67 I want someone else to work this one to see if I worked it right.....thanks!
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Algebra.Com's Answer #61232 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
I get the same answer
\n" ); document.write( "x = amount invested @ 3%
\n" ); document.write( "25000 = amount invested @ 4.5%
\n" ); document.write( "\".03x+%2B+.045%2825000+-+x%29+=+1000\"
\n" ); document.write( "\".03x+%2B+1125+-+.045x+=+1000\"
\n" ); document.write( "\".015x+=+125\"
\n" ); document.write( "\"x+=+125+%2F+.015\"
\n" ); document.write( "\"x+=+8333.33\"
\n" ); document.write( "amount invested at 4.5% is
\n" ); document.write( "\"25000+-+8333.33+=+16666.67\"
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