document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1032675>Question 1032675</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Last year, Josh had $20,000 to invest. He invest some of it in an account that paid 7% simple interest per year, and he invest the rest in an account that paid 6% simple interest per year. After one year he received a total of $1250 in interest. How much did he invest in each account?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #654003 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=654003\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let n be the amount invested at 7%. Then:<BR>\n" );
document.write( ".07n+.06(20000-n)=1250<BR>\n" );
document.write( ".07n+1200-.06n=1250<BR>\n" );
document.write( ".01n=50<BR>\n" );
document.write( "n=$5000 invested at 7%, and $15000 invested at 6%!!!!!!!!!!!!!! </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );