document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1019368>Question 1019368</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You invested a total of $12,000 at 4 1/ 2 % and 5% simple interest. During one year, the two accounts earned $580. How much did you invest 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 #635399 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=635399\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Call the amount invested at 4.5%, x.<BR>\n" );
document.write( "Then the amount invested at 5% must be 12000-x.<BR>\n" );
document.write( "The setup looks like this:<BR>\n" );
document.write( ".045x + .05(12000-x) = 580<BR>\n" );
document.write( "Now work it out...<BR>\n" );
document.write( ".045x + 600 - .05x = 580<BR>\n" );
document.write( "-.005x = -20<BR>\n" );
document.write( "x = $4000 invested at 4.5% so that<BR>\n" );
document.write( "12000-x = $8000 at 5% </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );