document.write( "Question 1193976: How can $39,000 be​ invested, part at 8% annual simple interest and the remainder at 5% annual simple​ interest, so that the interest earned by the two accounts will be​ equal? \n" ); document.write( "
Algebra.Com's Answer #826061 by greenestamps(13198)\"\" \"About 
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\n" ); document.write( "If the amounts of interest from the two investments at 8% and 5% are equal, then the amounts invested at the two rates must be in the ratio 5:8. So

\n" ); document.write( "5x = amount invested at 8%
\n" ); document.write( "8x = amount invested at 5%

\n" ); document.write( "The total amount invested was $39,000:

\n" ); document.write( "5x+8x=39000
\n" ); document.write( "13x=39000
\n" ); document.write( "x=3000

\n" ); document.write( "ANSWER: The amounts of interest are the same if 5x=$15,000 is invested at 8% and 8x=$24,000 is invested at 5%.

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