document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=180101>Question 180101</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0974903620/algebrahomeworkh>Algebra 1 Teaching Textbook</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Harold invested $30,000 in various stocks and bonds. He earned 6% on his bonds and 12% on his stocks. If Harold's total profit on both types of investments was $2,460, how much of the $30,000 did he invest in bonds? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #135020 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=135020\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .06b+.12(30,000-b)=2,460<BR>\n" );
document.write( ".06b+3600-.12b=2460<BR>\n" );
document.write( ".06b=2460-3600<BR>\n" );
document.write( "-.06b=-1140<BR>\n" );
document.write( "b=-1140/-.06<BR>\n" );
document.write( "b=19,000 is the amount invested @ 06% in bonds.<BR>\n" );
document.write( "Proof:<BR>\n" );
document.write( ".06*19,000+.12(30,000-19,000)=2460<BR>\n" );
document.write( "1140+.12*1,100=2,460<BR>\n" );
document.write( "1,140+1,320=2460<BR>\n" );
document.write( "2,460=2,460\r<BR>\n" );
document.write( "\n" );
document.write( "  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );