document.write( "Question 178240: please help me solve this word problem\r
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document.write( "High-risk funds. Of the $50,000 that Natasha pocketed
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document.write( "on her last real estate deal, $20,000 went to charity. She
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document.write( "invested part of the remainder in Dreyfus New Leaders Fund
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document.write( "with an annual yield of 16% and the rest in Templeton
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document.write( "Growth Fund with an annual yield of 25%. If she made
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document.write( "$6060 on these investments in 1 year, then how much did she
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document.write( "invest in each fund? \n" );
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Algebra.Com's Answer #133214 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! please help me solve this word problem \n" ); document.write( "High-risk funds. Of the $50,000 that Natasha pocketed \n" ); document.write( "on her last real estate deal, $20,000 went to charity. She \n" ); document.write( "invested part of the remainder in Dreyfus New Leaders Fund \n" ); document.write( "with an annual yield of 16% and the rest in Templeton \n" ); document.write( "Growth Fund with an annual yield of 25%. If she made \n" ); document.write( "$6060 on these investments in 1 year, then how much did she \n" ); document.write( "invest in each fund? \n" ); document.write( "------------------------ \n" ); document.write( "Ignore the \"filler material.\" It doesn't matter that it's \"high risk.\" It doesn't matter where she made the money, it's irrelevant where the $20,000 went. \n" ); document.write( "-------------- \n" ); document.write( "She had $30,000 left that she invested at 2 rates. \n" ); document.write( "Call the amount in Dreyfus d \n" ); document.write( "Call the amount in Templeton t \n" ); document.write( "-------------- \n" ); document.write( "d + t = 30000 \n" ); document.write( "d*0.16 + t*0.25 = 6060 --> 16d + 25t = 606000 (no fractions) \n" ); document.write( "d + t = 30000 --> d = 30000 - t \n" ); document.write( "------------------ 2 eqns in 2 unknowns \n" ); document.write( "16d + 25t = 606000 \n" ); document.write( "d = 30000 - t \n" ); document.write( "Sub for d \n" ); document.write( "16*(30000-t) + 25t = 606000 \n" ); document.write( "480000 - 16t + 25t = 606000 \n" ); document.write( "9t = 126000 \n" ); document.write( "t = $14,000 \n" ); document.write( "d = $16,000\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |