document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1133695>Question 1133695</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose $50,000 is divided into two bank accounts. One account pays 4% simple interest per year and the other pays 6.4%. After five years there is a total of $12,000 in interest between the two accounts. How much was invested into the bank account that pays 4% simple interest (rounded to the nearest cent)? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #750944 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=750944\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 0.04x + 0.064(50,000-x) = 12,000/5<BR>\n" );
document.write( "0.04x + 3,200 - 0.064x = 2,400<BR>\n" );
document.write( "-0.024x = -800<BR>\n" );
document.write( "x = 33,333.33 this is the money invested at 4%<BR>\n" );
document.write( "50,000-33,333.33 = 16,666.67<BR>\n" );
document.write( "~~~~~~~~~~~~~~~~~~~~~<BR>\n" );
document.write( "Check:<BR>\n" );
document.write( "The formula for simple interest is Prt<BR>\n" );
document.write( "33,333.33 * 0.04 * 5 = 6,666.67<BR>\n" );
document.write( "16,666.67 * 0.064 *5 = 5,333.33<BR>\n" );
document.write( "                   ---------------<BR>\n" );
document.write( "Total . . . . . . . . 12,000 Correct </SPAN>\n" );
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