document.write( "Question 264132: A total of $20,000 is invested in two bonds that pay 8% and 9.5% simple intrest. The annual intrest is $1675. How much is interested in each bond? \n" ); document.write( "
Algebra.Com's Answer #194510 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .095X+.08(20,000-X)=1,675 \n" ); document.write( ".095X+1,600-.08X=1,675 \n" ); document.write( ".015X=1,675-1,600 \n" ); document.write( ".015X=75 \n" ); document.write( "X=75/.015 \n" ); document.write( "X=5,000 INVESTED @ 9.5% \n" ); document.write( "20,000-5,000=15,000 INVESTED @ 8% \n" ); document.write( "PROOF: \n" ); document.write( ".095*5,000+.08*15,000=1,675 \n" ); document.write( "475+1,200=1,675 \n" ); document.write( "1,675=1,675 \n" ); document.write( " \n" ); document.write( " |