document.write( "Question 1043568: Hi, I'm trying to write an equation to solve this problem and running into difficulty:\r
\n" ); document.write( "\n" ); document.write( "I have 300000 to invest. A safe investment earns 3.5% per year. A risky investment yields 7% a year. How much is needed to be invested at each rate to earn $15,000 per year. \r
\n" ); document.write( "\n" ); document.write( "I'm certain it has something to do with the simple interest formula but I just can't make this work. I get that SI=prt, but I can't work out beyond that.
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #658714 by josgarithmetic(39617)\"\" \"About 
You can put this solution on YOUR website!
(How many years?) The wording implies just 1 year.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "The description works like a mixture problem.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "x amount for risky
\n" ); document.write( "y amount for safe
\n" ); document.write( "\"system%28x%2By=300000%2C0.07x%2B0.035y=15000%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "STEPS
\n" ); document.write( "\"7x%2B3.5y=1500000\"
\n" ); document.write( "-
\n" ); document.write( "\"y=300000-x\"
\n" ); document.write( "-
\n" ); document.write( "\"7x%2B3.5%28300000-x%29=1500000\"
\n" ); document.write( "\"7x%2B1050000-3.5x=1500000\"
\n" ); document.write( "\"3.5x%2B1050000=1500000\"
\n" ); document.write( "\"3.5x=450000\"
\n" ); document.write( "\"highlight%28system%28x=128571%2Cy=171429%29%29\"
\n" ); document.write( "
\n" );