document.write( "Question 238259: if jake had 5,000 to invest and he put part of it an a cd paying 5% interest and the rest in a bond paying 8% interest. After 1 year, he earned $140 more from the bond than from the cd. how much did he put in each investment \n" ); document.write( "
Algebra.Com's Answer #175104 by checkley77(12844) ![]() You can put this solution on YOUR website! .08X=.05(5000-X)+140 \n" ); document.write( ".08X=250-.05X+140 \n" ); document.write( ".08X+.05X=390 \n" ); document.write( ".13X=390 \n" ); document.write( "X=390/.13 \n" ); document.write( "X=3,000 AMOUNT INVESTED IN THE 8% BOND. \n" ); document.write( "5,000-3,99=2,000 AMOUNT INVESTED IN THE 5% CD. \n" ); document.write( "PROOF: \n" ); document.write( ".08*3,000=.05*2,000+140 \n" ); document.write( "240=100+140 \n" ); document.write( "240=240\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |