document.write( "Question 1135172: David wants to invest some of his savings in a CD that pays 4% interest and $ 2000 more than that in a CD that pays 8%. If he wants to make a total of $ 760 interest in one year, how much money should he put in each account? \n" ); document.write( "
Algebra.Com's Answer #752752 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "The conditions of the problem say that if x is the amount invested at 4% then the amount invested at 8% is x+2000. \n" ); document.write( "The interest from x dollars at 4% interest is .04(x); the interest from (x+2000) dollars at 8% interest is .08(x+2000). \n" ); document.write( "Write and solve the equation that says the sum of those two amounts of interest is $760. \n" ); document.write( " |