document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1166059>Question 1166059</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The left bank is offering CD’s at 5%.  The right bank is offering a money market account at 4%.  If I have a total of $10,000 to invest in these accounts and want to earn $436 in interest at the end of one year, how much should I put into each account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #790532 by </B><A HREF=/tutors/aboutme.mpl?userid=dkppathak><B>dkppathak(439)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=dkppathak><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=dkppathak><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=790532\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The left bank is offering CD’s at 5%. The right bank is offering a money market account at 4%. If I have a total of $10,000 to invest in these accounts and want to earn $436 in interest at the end of one year, how much should I put into each account?<BR>\n" );
document.write( "solution<BR>\n" );
document.write( "Let left bank investment is $x<BR>\n" );
document.write( "and right bank investment $10000-x<BR>\n" );
document.write( "interest both account $436=x*0.05+0.04*(10000-x)<BR>\n" );
document.write( "436=0.05x-0.04x +400<BR>\n" );
document.write( "436-400=0.01x<BR>\n" );
document.write( "36=0.01x<BR>\n" );
document.write( "x=36/0.01=$3600<BR>\n" );
document.write( "Answer <BR>\n" );
document.write( "Left bank investment $3600 and right bank investment is $6400<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );