document.write( "Question 315111: Kevin invested part of his $10,000 bonus in a cd that paid 6% interest, and the rest in a fund that paid 11% interest. If his total interest was $900, how much did Kevin invest in the fund? \n" ); document.write( "
Algebra.Com's Answer #225419 by mananth(16946)![]() ![]() You can put this solution on YOUR website! let hime invest $x in CD giving 6% \n" ); document.write( "10000-x he invests in 11% fund \n" ); document.write( "Total interest he received = $900 \n" ); document.write( ".. \n" ); document.write( "0.06x + 0.11(10,000-x) = 900 \n" ); document.write( "0.06x +1100-0.11x= 900 \n" ); document.write( "multiply by 100 \n" ); document.write( "6x+110000 -11x=90000 \n" ); document.write( "-5x=-20000 \n" ); document.write( "x= 4000. \n" ); document.write( "Investment in 6% cd = $4000 \n" ); document.write( "$6000 at 11% \n" ); document.write( " |