document.write( "Question 1075124: The Pacific Investment Group invested some money in an account that earns 7.6% annual simple interest. Twice the amount invested at 7.6%, was invested in a second account that earns 3.9% annual simple interest. If the total annual interest earned from the two investments was $3080, how much was invested at 7.6% (that is, in the first account? \n" ); document.write( "
Algebra.Com's Answer #689809 by josmiceli(19441)\"\" \"About 
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for simple interest,
\n" ); document.write( "\"+I+=+P%2Ar%2At+\"
\n" ); document.write( "They are talking about annual interest, so
\n" ); document.write( "\"+t+=+1+\"
\n" ); document.write( "----------------
\n" ); document.write( "For account earning 7.6% interest:
\n" ); document.write( "\"+I%5B1%5D+=+P%2A.076%2A1+\"
\n" ); document.write( "\"+I%5B1%5D+=+.076P+\"
\n" ); document.write( "For account earning 3.9% interest:
\n" ); document.write( "\"+I%5B2%5D+=+2P%2A.039%2A1+\"
\n" ); document.write( "\"+I%5B2%5D+=+.078P+\"
\n" ); document.write( "----------------------------
\n" ); document.write( "\"+I%5B1%5D+%2B+I%5B2%5D+=+3080+\"
\n" ); document.write( "\"+I%5B1%5D+%2B+I%5B2%5D+=+.076P+%2B+.078P+\"
\n" ); document.write( "\"+I%5B1%5D+%2B+I%5B2%5D+=+.154P+\"
\n" ); document.write( "\"+.154P+=+3080+\"
\n" ); document.write( "\"+P+=+20000+\"
\n" ); document.write( "--------------------
\n" ); document.write( "$20,000 was invested @ 7.6% interest
\n" ); document.write( "------------------------------------
\n" ); document.write( "check answer:
\n" ); document.write( "\"+I%5B1%5D+=+.076P+\"
\n" ); document.write( "\"+I%5B1%5D+=+.076%2A20000+\"
\n" ); document.write( "\"+I%5B1%5D+=+1520+\"
\n" ); document.write( "and
\n" ); document.write( "\"+I%5B2%5D+=+.078P+\"
\n" ); document.write( "\"+I%5B2%5D+=+.078%2A20000+\"
\n" ); document.write( "\"+I%5B2%5D+=+1560+\"
\n" ); document.write( "and
\n" ); document.write( "\"+I%5B1%5D+%2B+I%5B2%5D+=+1520+%2B+1560+\"
\n" ); document.write( "\"+I%5B1%5D+%2B+I%5B2%5D+=+3080+\"
\n" ); document.write( "OK
\n" ); document.write( "
\n" );