document.write( "Question 1110503: You have $6,000 to invest into two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account? \n" ); document.write( "
Algebra.Com's Answer #725497 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x in the first \n" ); document.write( "6000-x in the second \n" ); document.write( ".05x+.09(6000-x)=380 \n" ); document.write( ".05x+540-.09x=380 \n" ); document.write( "-0.04x=-160 \n" ); document.write( "x=$4000 @ 5% is $200 ANSWER \n" ); document.write( "6000-x=$2000 @9%=$180 ANSWER \n" ); document.write( " |