document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=15905>Question 15905</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can you help me with this?<BR>\n" );
document.write( "An individual has a total of $1000 in 2 banks.  The first bank pays 8% interest per year, the second bank pays 10%.  If the person receives $86 in interest in the first year, how much money must have been deposited in each bank?<BR>\n" );
document.write( "Thank you for you help! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #7830 by </B><A HREF=/tutors/aboutme.mpl?userid=Earlsdon><B>Earlsdon(6294)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Earlsdon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=7830\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You need to set up your equation from the problem description as follows:\r<BR>\n" );
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document.write( "$x at 8% + $(1000-x) at 10% = $86  Now you solve for x, the amount in the first bank. First change the percents to their decimal equivalents.  8% = 0.08, 10% = 0.1 Now write the algebraic equation.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.08x+%2B+0.1%281000-x%29+=+86 ALIGN=MIDDLE  ALT=\"0.08x+%2B+0.1%281000-x%29+=+86\"   DISABLED_style= \"max-width:90%; height:auto;\" >  Simplify and solve for x.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.08x+%2B+100+-+0.1x+=+86 ALIGN=MIDDLE  ALT=\"0.08x+%2B+100+-+0.1x+=+86\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-0.02x+%2B+100+=+86 ALIGN=MIDDLE  ALT=\"-0.02x+%2B+100+=+86\"   DISABLED_style= \"max-width:90%; height:auto;\" > Subtract 100 from both sides.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-0.02x+=+-14 ALIGN=MIDDLE  ALT=\"-0.02x+=+-14\"   DISABLED_style= \"max-width:90%; height:auto;\" > Divide both sides by -0.02<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x+=+700 ALIGN=MIDDLE  ALT=\"x+=+700\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Answer:<BR>\n" );
document.write( "$700.00 was deposited in the first bank at 8% interest per annum.<BR>\n" );
document.write( "$300.00 was deposited in the second bank at 10% interest per annum.\r<BR>\n" );
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document.write( "Check:<BR>\n" );
document.write( "0.08($700.00) + 0.1($300.00) = $56.00 + $30.00 = $86.00 </SPAN>\n" );
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