document.write( "Question 1119239: I am also stuck on this interest problem, I tried working it out with a system of equations which gave me a repeating decimal. \r
\n" ); document.write( "\n" ); document.write( "\"Egbert invested $2,500 at 10% interest for one year. He has an additional $6,000 to deposit. At what rate must he invest the $6,000 to end the year with a total balance of exactly $9,440?\"\r
\n" ); document.write( "\n" ); document.write( "Thank you!
\n" ); document.write( "

Algebra.Com's Answer #734711 by josgarithmetic(39618)\"\" \"About 
You can put this solution on YOUR website!
------------------------------------------------------------------------
\n" ); document.write( "\"Egbert invested $2,500 at 10% interest for one year. He has an additional $6,000 to deposit. At what rate must he invest the $6,000 to end the year with a total balance of exactly $9,440?\"
\n" ); document.write( "----------------------------------------------------------------------\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "r, the needed interest rate as a percent. (yearly rate)\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"2500%2A%281%2B10%2F100%29%2B6000%2A%281%2Br%2F100%29=9440\"
\n" ); document.write( "
\n" );