document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1110225>Question 1110225</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The annual interest on a $19,000 investment exceeds the interest earned on a $12,000 investment by $531. The $19,000 is invested at a 0.4% higher rate of interest than the $12,000. What is the interest rate of each investment? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #725239 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=725239\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> interest rate on 12000 is x, so the interest is 12000x<BR>\n" );
document.write( "for 19000, the interest rate is x+0.004, so the interest is 19000x+76<BR>\n" );
document.write( "12000x+531=19000x+76<BR>\n" );
document.write( "455=7000x<BR>\n" );
document.write( "x=455/7000=0.065<BR>\n" );
document.write( "interest is 12000*0.065=$780<BR>\n" );
document.write( "x+0.004 is 0.069 or 6.9% interest rate and 19000*0.069=$1311<BR>\n" );
document.write( "That is $531 higher.<BR>\n" );
document.write( "rates are 6.5% and 6.9%\r<BR>\n" );
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document.write( " </SPAN>\n" );
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