document.write( "Question 317349: joan had $1000 to invest. she invested part of the money in a COD that paid 4% annual simple interest, and the remainder in a mutual fund that paid 8% annual simple interest. the totsl interest of investments was $68.00. How much did Joan invest in each? \n" ); document.write( "
Algebra.Com's Answer #227328 by Fombitz(32388)\"\" \"About 
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Let A be the amount in the COD, B in the mutual fund.
\n" ); document.write( "1.\"A%2BB=1000\"
\n" ); document.write( ".
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\n" ); document.write( "\"0.04A%2B0.08B=68\"
\n" ); document.write( "2.\"4A%2B8B=6800\"
\n" ); document.write( "Multiply eq. 1 by -4 and add to eq. 2,
\n" ); document.write( "\"-4A-4B%2B4A%2B8B=-4000%2B6800\"
\n" ); document.write( "\"4B=2800\"
\n" ); document.write( "\"highlight%28B=700%29\"
\n" ); document.write( "Then from eq. 1,
\n" ); document.write( "\"A%2B700=1000\"
\n" ); document.write( "\"highlight%28A=300%29\"
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