document.write( "Question 199173: Maria was reviewing investment results. The account balance at the start of the year was $6700. The account earned $619. She had 3 investments: Bond fund(5% return), balance fund(8% return), and aggressive fund(12% return). She had $300 fewer than she did in balance and bond combined. How much did she have invested in the aggressive fund? \n" ); document.write( "
Algebra.Com's Answer #149681 by ankor@dixie-net.com(22740) You can put this solution on YOUR website! Maria was reviewing investment results. The account balance at the start of \n" ); document.write( " the year was $6700. The account earned $619. She had 3 investments: \n" ); document.write( "Bond fund(5% return), balance fund(8% return), and aggressive fund(12% return). \n" ); document.write( " She had $300 fewer than she did in balance and bond combined. \n" ); document.write( " How much did she have invested in the aggressive fund? \n" ); document.write( ": \n" ); document.write( "Three funds: \n" ); document.write( "a = bond (5%) \n" ); document.write( "b = balance (8%) \n" ); document.write( "c = aggressive (12%) \n" ); document.write( ": \n" ); document.write( "Total invested equation: \n" ); document.write( "a + b + c = 6700 \n" ); document.write( ": \n" ); document.write( "\"Aggressive had $300 fewer than she did in balance and bond combined.\" \n" ); document.write( "c + 300 = a + b \n" ); document.write( ": \n" ); document.write( "Looking at these two equation, we can replace a + b with (c+300) \n" ); document.write( "c + 300 + c = 6700 \n" ); document.write( "2c = 6700 - 300 \n" ); document.write( "2c = 6400 \n" ); document.write( "c = \n" ); document.write( "c = $3200 in the Aggressive fund \n" ); document.write( " \n" ); document.write( " |