document.write( "Question 169932: This problem is for a project we were given:
\n" ); document.write( " Jeremy inherits $200,000 and invests part of the money in bonds with an interest rate of 8%. The remainder of the money is in savings at a 5% rate. What AMOUNT has he invested at EACH RATE if he recieves $14,800 interest for 1 year.?
\n" ); document.write( "So far I have the following:
\n" ); document.write( "let x= dollars invested at 8%
\n" ); document.write( "$200,000-x = dollars invested at 5%.
\n" ); document.write( "Equation as .08x+ .05(200,000-x)=$14,800
\n" ); document.write( "I know you have to clear the decimal and go from there, but when I tried to solve it I got some funky number.
\n" ); document.write( "thank you for your help!
\n" ); document.write( " \n" ); document.write( "

Algebra.Com's Answer #125374 by checkley77(12844) $\"\"$ $\"About$

You can put this solution on YOUR website!
.08x+.05(200,000-x)=14,800
\n" ); document.write( ".08x+10,000-.05x=14,800
\n" ); document.write( ".03x=14,800-10,000
\n" ); document.write( ".03x=4,800
\n" ); document.write( "x=4,800/.03
\n" ); document.write( "x=$160,000 invested @ 8%
\n" ); document.write( "200,000-160,000=$40,000 invested @ 5%
\n" ); document.write( "Proof:
\n" ); document.write( ".08*160,000+.05*40,000=14,800
\n" ); document.write( "12,800+2,000=14,800
\n" ); document.write( "14,800=14,800 \n" ); document.write( "

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