document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1045992>Question 1045992</A>: <I><SPAN STYLE=\"word-break: break-all;\"> sam wants to invest part of his $24000 lottery winnings in an international stock fund that yields 4% annual interest and a domestic money market fund that earns 6.5% annual interest. find how much is invested in each account to earn $1360 interest at the end of one year.  (use the formula, i=prt for simple, where i is the interest earned, p is the principal, r is the yearly interest rate, and t is the time in years.) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #661487 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=661487\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 0.04x + 0.065(24000-x) = 1360<BR>\n" );
document.write( "0.04x + 1560-0.065x = 1360<BR>\n" );
document.write( "-0.025x = -200 Divide both sides by 0.025 and remember -/- = +<BR>\n" );
document.write( "x = 8000 is the amount invested at 4%, and the amount at 6.5%:<BR>\n" );
document.write( "24000-8000 = 16000<BR>\n" );
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document.write( "John<BR>\n" );
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