document.write( "Question 222522: Please help me solve this word problem. World problems are not my strongest point.\r
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document.write( "Herman invested $9,000.00 in mutual funds and bonds. The mutual fund earned 11% simple interest. The bonds earned 6% simple interest. At the end of one year, he had earned $815.00 in interest. How much had he invested at each rate? \n" );
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Algebra.Com's Answer #166593 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .11x+.06(9000-x)=815 \n" ); document.write( ".11x+540-.06x=815 \n" ); document.write( ".05x=275 \n" ); document.write( "x=$5500 at 11% \n" ); document.write( "9000-x=$3500 at 6% \n" ); document.write( " |