document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=119799>Question 119799</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kermit and Miss Piggy wish to invest $5,000 ,part at 8% simple interest,and the rest at 14% simple interest. If they must earn $610 in interest by the end of one year,how much should they invest at each rate?\r<BR>\n" );
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document.write( "I need the equations.<BR>\n" );
document.write( "& please solve this for me if you can.<BR>\n" );
document.write( "thank you very much.<BR>\n" );
document.write( "I appreciate it. : )<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #87789 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=87789\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Kermit and Miss Piggy wish to invest $5,000 ,part at 8% simple interest,and the rest at 14% simple interest. If they must earn $610 in interest by the end of one year,how much should they invest at each rate?<BR>\n" );
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document.write( "Let amt. invested at 14% be \"x\" ; interest on this is 0.14x dollars<BR>\n" );
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document.write( "Amt. invested at 8% is 5000-x ; interest is 0.08(5000-x)= 400-0.08x dollars<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "interest + interest = 610 dollars<BR>\n" );
document.write( "0.14x + 400-0.08x = 610<BR>\n" );
document.write( "0.06x = 210<BR>\n" );
document.write( "x = $3500.00 (amt. to invest at 14%)<BR>\n" );
document.write( "5000-x = $1500.00 (amt. to invest at 8%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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