document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=242999>Question 242999</A>: <I><SPAN STYLE=\"word-break: break-all;\"> High-risk funds. Of the $50,000 that Natasha pocketed<BR>\n" );
document.write( "on her last real estate deal, $20,000 went to charity. She<BR>\n" );
document.write( "invested part of the remainder in Dreyfus New Leaders Fund<BR>\n" );
document.write( "with an annual yield of 16% and the rest in Templeton<BR>\n" );
document.write( "Growth Fund with an annual yield of 25%. If she made<BR>\n" );
document.write( "$6060 on these investments in 1 year, then how much did she<BR>\n" );
document.write( "invest in each fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #178184 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=178184\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 50,000-20,000=30,000 was her investment amount.<BR>\n" );
document.write( ".25x+.16(30,000-x)=6060<BR>\n" );
document.write( ".25x+4800-.16x=6060<BR>\n" );
document.write( ".09x=6060-4800<BR>\n" );
document.write( ".09x=1260<BR>\n" );
document.write( "x=1260/.09<BR>\n" );
document.write( "x=14,000 invested @ 25%<BR>\n" );
document.write( "30,000-14,000=16,000 invasted @ 16%<BR>\n" );
document.write( "proof:<BR>\n" );
document.write( ".25*14,000+.16*16,000=6,060<BR>\n" );
document.write( "3,500+2,560=6,060<BR>\n" );
document.write( "6,060=6,060\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );