document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1027357>Question 1027357</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested?<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 #642571 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=642571\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the original amount you invested is 3000.\r<BR>\n" );
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document.write( "7.5 * 3000 = 22,500\r<BR>\n" );
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document.write( "5% of 3000 = .05 * 3000 = 150.\r<BR>\n" );
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document.write( "the additional amount invested at 8% must be able to give you 22,000 - 150 = 22,350.\r<BR>\n" );
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document.write( "let x equal that amount.\r<BR>\n" );
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document.write( "formula becomes x * .08 = 22,350.\r<BR>\n" );
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document.write( "divide both sides of this equation by .08 to get x = 22,350/.08 = 279,375.\r<BR>\n" );
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document.write( "that's how much you would need to invest at 8% in order to get interest of 22,350.\r<BR>\n" );
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document.write( "the interest of 22,350 plus the interest of 150 is equal to 22,500 which is 7.5 * the original investment of 3000.\r<BR>\n" );
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document.write( "i'm not exactly sure this is what you meant, but, based on what i think you meant, this is the solution.\r<BR>\n" );
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