document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=206325>Question 206325</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A mother wants to invest $12,000 for her sons future education. She invests a portion of the money into a bank CD which 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $720.00 how much was invested into the CD?? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #155896 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=155896\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x=CD<BR>\n" );
document.write( "12000-x=Bond<BR>\n" );
document.write( "------------------<BR>\n" );
document.write( ".04x+.07(12000-x)=720<BR>\n" );
document.write( ".04x+840-.07x=720<BR>\n" );
document.write( "-.03x=-120<BR>\n" );
document.write( "x=4000<BR>\n" );
document.write( "------------------<BR>\n" );
document.write( "4000*.04+8000*.07=720 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );