document.write( "Question 17958: a dentist invested a portion of $15,000 in a 7% annual simple interest account and the remainder in a 6.5% annual simple interest goverment bond. the two investments earn $1020 in interest annually. how much was invested in each account. \n" ); document.write( "
Algebra.Com's Answer #8674 by Earlsdon(6294)![]() ![]() ![]() You can put this solution on YOUR website! Let x = the amount invested at 7% (= 0.07) and ($15,000 - x) the amount invested at 6.5% (= 0.065). Change the percents to decimals and then set up your equation. Solve for x:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The amount invested ay 7% is $9,000 \n" ); document.write( "The amount invested at 6.5% is ($15,000 - $9,000) = $6,000\r \n" ); document.write( "\n" ); document.write( "Check:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |