document.write( "Question 223456: Hello, word problem get me everytime. I never know how to set them up.\r
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document.write( "Ash has $120,000 to invest and puts some in a CD at 4% annual interest. He puts the rest in a stock that earns 7%. How much did he invest in each to earn $7800 interest that year?\r
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document.write( "Thank you in advance \n" );
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Algebra.Com's Answer #167090 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .04x+.07(120000-x)=7800 \n" ); document.write( ".04x+8400-.07x=7800 \n" ); document.write( "-.03x=-600 \n" ); document.write( "x=$20,000 \n" ); document.write( "120000-x=$100,000 \n" ); document.write( " |