document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1034911>Question 1034911</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A broker has invested $21,500 in two mutual funds, one earning 9% annual interest and the other earning 14%. After 1 year, his combined interest is $2,860. How much was invested at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #649549 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=649549\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let the amount at 9% be x.<BR>\n" );
document.write( "0.09*x+0.14(21,500-x) = 2860<BR>\n" );
document.write( "0.09x+3010-0.14x = 2860<BR>\n" );
document.write( "-0.05x = -150<BR>\n" );
document.write( "x = 3,000 this is the amount invested at 9% and:<BR>\n" );
document.write( "21,500-3000 = 18,500 is invested at 14%<BR>\n" );
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document.write( "Check:<BR>\n" );
document.write( "0.09*3000 = 270<BR>\n" );
document.write( "0.14*18,500= 2,590<BR>\n" );
document.write( "270+2,590 = 2,860 Correct </SPAN>\n" );
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