document.write( "Question 157021: I need help working this problem.
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document.write( "1. A combined total of $20,000 is invested in two bonds that pay 8% and 9.5% simple interest. The annual interest is $1675. How much is invested in each bond? \r
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Algebra.Com's Answer #115802 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .095x+.08(20,000-x)=1,675 \n" ); document.write( ".095x+1,600-.08x=1,675 \n" ); document.write( ".015x=1,675-1,600 \n" ); document.write( ".015x=75 \n" ); document.write( "x=75/.015 \n" ); document.write( "x=5,000 invested @ 9.5 %. \n" ); document.write( "20,000-5,000=15,000 invested @ 8%. \n" ); document.write( "Proof: \n" ); document.write( ".095*5,000+.08*15,000=1,675 \n" ); document.write( "475+1200=1,675 \n" ); document.write( "1,675=1,675 \n" ); document.write( " \n" ); document.write( " |