document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=995264>Question 995264</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The annual interest on a $10,000 investment exceeds the interest earned on an $8000 investment by $100.  The $10,000 is invested at a 0.5% higher rate of interest than the $8000.  What is the interest rate of each investment?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #614146 by </B><A HREF=/tutors/aboutme.mpl?userid=macston><B>macston(5194)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=macston><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=macston><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=614146\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "x=interest on $10000<BR>\n" );
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document.write( "(x+0.005)$10000=(x)$8000+$100<BR>\n" );
document.write( "$10000x+$50=$8000x+$100<BR>\n" );
document.write( "$2000x=$50<BR>\n" );
document.write( "x=0.025<BR>\n" );
document.write( "ANSWER 1: The rate on the $8000 investment is 2.5%.<BR>\n" );
document.write( "x+0.005=0.03<BR>\n" );
document.write( "ANSWER 2: The rate on the $10000 investment is 3%.<BR>\n" );
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document.write( "CHECK:<BR>\n" );
document.write( "(x+0.005)$10000=(x)$8000+$100<BR>\n" );
document.write( "0.03($10000)=0.025($8000)+$100<BR>\n" );
document.write( "$300=$200+$100<BR>\n" );
document.write( "$300=$300 </SPAN>\n" );
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