document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=262878>Question 262878</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Benjamin invested $12,000 in two CDs. One earned 4% and the other earned 6%. If he earned a total of $620 at the end of the year, how much was invested in each CD? Solve using linear systems </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #193679 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=193679\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Benjamin invested $12,000 in two CDs. One earned 4% and the other earned 6%. If he earned a total of $620 at the end of the year, how much was invested in each CD? Solve using linear systems\r<BR>\n" );
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document.write( "Let us assume he invested x in CD1 at 4%\r<BR>\n" );
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document.write( "12000-x he invested in CD2 at 6%\r<BR>\n" );
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document.write( "0.4x+0.6(1200-x) = 620\r<BR>\n" );
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document.write( "0.4x +720 – 0.6x = 620<BR>\n" );
document.write( "-0.2x= -100<BR>\n" );
document.write( "X= -1000/-0.2<BR>\n" );
document.write( "X= 5000  cd1\r<BR>\n" );
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document.write( "CD1 $5000<BR>\n" );
document.write( "CD2 he invested $7000<BR>\n" );
document.write( " </SPAN>\n" );
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