document.write( "Question 270277: An investment portfolio of stocks and bonds, with an initial investment of $120,000 gained $30,800 over its life. If the stocks gained 32% and the bonds gained 16%, how much was invested in each? \n" ); document.write( "

Algebra.Com's Answer #198102 by checkley77(12844) $\"\"$ $\"About$

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.32x+.16(120,000-x)=30,800
\n" ); document.write( ".32x+19,200-.16x=30,800
\n" ); document.write( ".16x=30,800-19,200
\n" ); document.write( ".16x=11,600
\n" ); document.write( "x=11,600/.16
\n" ); document.write( "x=72,500 amount that gained 32%.
\n" ); document.write( "120,000-72,500=47,500 amount that gained 16%.
\n" ); document.write( "Proof:
\n" ); document.write( ".32*72,500+.16*47,500=30,800
\n" ); document.write( "23,200+7,600=30,800
\n" ); document.write( "30,800=30,800
\n" ); document.write( " \n" ); document.write( "

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