document.write( "Question 998521: susan has 5000 to invest. she wants to invest part in an account that pays 8% interest and part in an account that pays 5% interest. How much should she invest at 5% so that the total investment earns 7% interest \n" ); document.write( "
Algebra.Com's Answer #616337 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! Call what she invests at 8%, x. Then what she invests at 5% will be 5000-x. \n" ); document.write( "The setup looks like this: \n" ); document.write( ".08x + .05(5000-x) = .07(5000) \n" ); document.write( "If you want multiply by 100 to clear decimals \n" ); document.write( "8x + 5(5000-x) = 7(5000) \n" ); document.write( "8x + 25000 - 5x = 35000 \n" ); document.write( "3x = 10000 \n" ); document.write( "x = $3333.33 at 8% with the remainder, $1666.67 at 5%. \n" ); document.write( " |