document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=186417>Question 186417</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a writer received $45,000 as royalty for her book. she invested part of the money in bonds paying 7% interest annually. the rest she invested in a life insurance policy paying 8% interest annually. if the total interest from the investments after 1 year is $3450, how much did she 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 #139732 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=139732\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .08x+.07(45,000-x)=3,450<BR>\n" );
document.write( ".08x+3,150-.07x=3,450<BR>\n" );
document.write( ".01x=3,450-3,150<BR>\n" );
document.write( ".01x=300<BR>\n" );
document.write( "x=300/.01<BR>\n" );
document.write( "x=30,000 invested @ 8% insurance policy.<BR>\n" );
document.write( "45,000-30,000=15,000 invested @ 7% bonds.<BR>\n" );
document.write( "Proof:<BR>\n" );
document.write( ".08*30,000+.07*15,000=3,450<BR>\n" );
document.write( "2,400+1,050=3,450<BR>\n" );
document.write( "3,450=3,450 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );