document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1112900>Question 1112900</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Paul has $60,000 to invest. His intent is to earn 14% interest on his investment. He can invest part of his money at 8% interest and part at 16% interest. How much does Paul need to invest in each option to make a total 14% return on his $60,000? \r<BR>\n" );
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document.write( "What is 8% interest? <BR>\n" );
document.write( "What is 16% interest? \r<BR>\n" );
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document.write( "I'm stuck and not sure at all what to do... Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #727911 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52908)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=727911\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
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document.write( "0.08*x + 0.16*(60000-x) = 0.14*60000.\r\n" );
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document.write( "Simplify and solve for x, the amount invested at 8%.\r\n" );
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document.write( "It is a typical and standard problem on investment.\r<BR>\n" );
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document.write( "To see many other similar solved problems on investment, &nbsp;look into the lesson\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/coordinate/lessons/Using-systems-of-equations-to-solve-problems-on-investment.lesson>Using systems of equations to solve problems on investment</A>\r<BR>\n" );
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document.write( "in this site.\r<BR>\n" );
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document.write( "You will find there different approaches &nbsp;(using one equation or a system of two equations in two unknowns), &nbsp;as well as <BR>\n" );
document.write( "different methods of solution to the equations &nbsp;(Substitution, &nbsp;Elimination).\r<BR>\n" );
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document.write( "Also, &nbsp;you have this free of charge online textbook in ALGEBRA-I in this site\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson>ALGEBRA-I - YOUR ONLINE TEXTBOOK</A>.\r<BR>\n" );
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document.write( "The referred lesson is the part of this online textbook under the topic &nbsp;\"<U>Systems of two linear equations in two unknowns</U>\".\r<BR>\n" );
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document.write( "Save the link to this online textbook together with its description\r<BR>\n" );
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document.write( "Free of charge online textbook in ALGEBRA-I<BR>\n" );
document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r<BR>\n" );
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document.write( "to your archive and use it when it is needed.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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