document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=168538>Question 168538</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Investing A Bonus\r<BR>\n" );
document.write( "\n" );
document.write( "A business man invested part of his $40,000 end of year bonus in an international fund that paid an annual yield of 8%.  The rest of the bonus was invested in an off shore bank that paid an annual yield of 9%.  Find the amount of each investment if he made a total of $3415 in interest from the first year. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #124209 by </B><A HREF=/tutors/aboutme.mpl?userid=Mathtut><B>Mathtut(3670)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Mathtut><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=124209\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> lets call x the amount invested at 8% <BR>\n" );
document.write( "and  40000-x the amount invested at 9%<BR>\n" );
document.write( ":<BR>\n" );
document.write( "those 2 amounts invested multiplied by their perspective interest rates equal the amount of interest made which is 3415\r<BR>\n" );
document.write( "\n" );
document.write( "so .08x+.09(40000-x)=3415\r<BR>\n" );
document.write( "\n" );
document.write( ".08x+3600-.09x=3415\r<BR>\n" );
document.write( "\n" );
document.write( "185=.01x\r<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%28x=18500%29 ALIGN=MIDDLE  ALT=\"highlight%28x=18500%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >amount invested at 8%<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%2840000-18500=21500%29 ALIGN=MIDDLE  ALT=\"highlight%2840000-18500=21500%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > amount invested at 9% </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );