document.write( "Question 1130905: dan invested a total of $4,000 in two different plans. the first plan returns 9% simple interest annually while the second plan returns 6%. if the total interest earned after one year is $286, what principal was invested in each plan? \n" ); document.write( "
Algebra.Com's Answer #747525 by greenestamps(13200)\"\" \"About 
You can put this solution on YOUR website!


\n" ); document.write( "let x = amount invested at 9%
\n" ); document.write( "then 4000-x = amount invested at 6%

\n" ); document.write( "interest from investment at 9% = .09(x)
\n" ); document.write( "interest from investment at 6% = .06(4000-x)

\n" ); document.write( "The total interest is $286:

\n" ); document.write( "\".09%28x%29%2B.06%284000-x%29+=+286\"

\n" ); document.write( "You can do the algebra to finish the problem.

\n" ); document.write( "Note that the problem is poorly formulated, because the amounts invested at the two rates are not whole numbers of dollars, or even whole numbers of cents... not realistic!
\n" ); document.write( "
\n" );