document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1023874>Question 1023874</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 7% in interest and the other pays 3% in interest, how much does he have in each account if he earned a total of $1,040 in interest in 1 year? <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 #639403 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=639403\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Call what he invested at 7%, x.  Then what he invested at 3% was 20000-x.  The setup looks like this:<BR>\n" );
document.write( ".07x + .03(20000-x) = 1040<BR>\n" );
document.write( ".07x + 600 - .03x = 1040<BR>\n" );
document.write( ".04x + 600 = 1040<BR>\n" );
document.write( ".04x = 440<BR>\n" );
document.write( "x = $11000 at 7% and thus<BR>\n" );
document.write( "20000-x = $9000 at 3% </SPAN>\n" );
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