document.write( "Question 1122575: Orlando Salavarrio, a financial planner, recommended that 20% of a client's investment be placed in a 4% annual simple interest tax-free account, 50% be placed in 7% certificates of deposit, and the remainder be placed in a 9% high-risk investment. The total interest earned from the investments would be $6300. Find the total amount to be invested.\r
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Algebra.Com's Answer #738847 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "Let the amount invested be x.

\n" ); document.write( "The total interest earned, $6300, is
\n" ); document.write( "(1) 4% of the 20% of x: (.04)(.20)(x); plus
\n" ); document.write( "(2) 7% of the 50% of x: (.07)(.50)(x); plus
\n" ); document.write( "(3) 9% of the 30% of x: (.09)(.30)(x)

\n" ); document.write( "\"%28.04%29%28.20%29%28x%29%2B%28.07%29%28.50%29%28x%29%2B%28.09%29%28.30%29%28x%29+=+6300\"

\n" ); document.write( "The equation is easily solved to find the answer.
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