document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1088595>Question 1088595</A>: <I><SPAN STYLE=\"word-break: break-all;\"> John invested 3 times as much money at 12% interest as he did at 8%. If he earned a total of $264 in interest for the year, how much did he invest 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 #702875 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=702875\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Invested at 8%: x<BR>\n" );
document.write( "Invested at 12%: 3x<BR>\n" );
document.write( "0.08x+0.12(3x) = 264<BR>\n" );
document.write( "0.08x+0.36x = 264<BR>\n" );
document.write( "0.44x = 264<BR>\n" );
document.write( "x = 600<BR>\n" );
document.write( "3x = 1800<BR>\n" );
document.write( "He invested 600 at 8% and 600*3 = 1800 at 12%<BR>\n" );
document.write( "--------------------------------<BR>\n" );
document.write( "Check:<BR>\n" );
document.write( "600*.08 = 48<BR>\n" );
document.write( "1800*0.12 = 216<BR>\n" );
document.write( "48+216= 264 correct<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );