document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1203522>Question 1203522</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A professional athlete deposited an amount of money into a high-yield mutual fund that earns 14% annual simple interest. A second deposit, $2,400 more than the first, was placed in a certificate of<BR>\n" );
document.write( "deposit eaming 7% annua simole interest an one year, he cotal interest earned on both investments was $567. How much money was invested in the mutual fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #839152 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=839152\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> let x = the amoount invested at 14%.\r<BR>\n" );
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document.write( "your equation is:\r<BR>\n" );
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document.write( ".14 * x + .07 * (x + 2400) = 567\r<BR>\n" );
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document.write( "simplify to get .14 * x + .07 * x + .07 * 2400 = 567<BR>\n" );
document.write( "simplify further to get .21 * x + 168 = 567.<BR>\n" );
document.write( "subtract 168 from both sides of the equation to get:<BR>\n" );
document.write( ".21 * x = 399.<BR>\n" );
document.write( "divide both sides of the equation by .21 to get:<BR>\n" );
document.write( "x = 1900.\r<BR>\n" );
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document.write( "replace x with 1900 in the original equation to get:<BR>\n" );
document.write( ".14 * x + .07 * (x + 2400) = 567 becomes:<BR>\n" );
document.write( ".14 * 1900 + .07 * (1900 + 2400) = 567<BR>\n" );
document.write( "simmplify to get:<BR>\n" );
document.write( ".14 * 1900 + .07 * 4300 = 567<BR>\n" );
document.write( "simplify and combine like terms to get:<BR>\n" );
document.write( "567 = 567.<BR>\n" );
document.write( "this confirms the value of x is good.\r<BR>\n" );
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document.write( "youor solution is that the amount of money invested in the mutual fund is 1900.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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