document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1011006>Question 1011006</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Carol has $8,000 invested in two mutual funds. One fund pays an interest rate of 2.7%, and the other pays an interest rate of 3.1%. Carol received a total of $226.00 in interest. How much is invested in each account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #626538 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><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=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=626538\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Call the amount invested at 2.7%, x.<BR>\n" );
document.write( "Then the amount invested at 3.1% is 8000-x.<BR>\n" );
document.write( "The set up looks like this:<BR>\n" );
document.write( ".027x + .031(8000-x) = 226<BR>\n" );
document.write( ".027x + 248 - .031x = 226<BR>\n" );
document.write( "-.004x = -22<BR>\n" );
document.write( "x = 22/.004 = $5500 invested at 2.7% and then<BR>\n" );
document.write( "8000-x = $2500 at 3.1% </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );