document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1034686>Question 1034686</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr. Wilson invested money in two accounts. His total investment was $30,000. If one account pays 8% in interest and the other pays 4% in interest, how much does he have in each account if he earned a total of $1,960 in interest in 1 year?\r<BR>\n" );
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document.write( "He invested $<BR>\n" );
document.write( " in the 8% account and $<BR>\n" );
document.write( " in the 4% account.\r<BR>\n" );
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document.write( "I am completely lost with this process!!! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #649339 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=649339\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Here's how we do this kind of problem...<BR>\n" );
document.write( "Let us call x the amount he invested at 8%.<BR>\n" );
document.write( "That means he invested 30000-x at 4%.<BR>\n" );
document.write( "The set up looks like this:<BR>\n" );
document.write( ".08x + .04(30000-x) = 1960<BR>\n" );
document.write( ".08x + 1200 - .04x = 1960<BR>\n" );
document.write( ".04x = 760<BR>\n" );
document.write( "x = $19000 at 8% so that<BR>\n" );
document.write( "30000-x = $11000 at 4% </SPAN>\n" );
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