document.write( "Question 318823: Michael invested a total of $14,000 in two certificates of deposit. One pays 5% interest, and the other pays 6% interest. His total interest at the end of one year is $780. How much is invested in the CD that pays 5% interest? \n" ); document.write( "
Algebra.Com's Answer #228298 by Fombitz(32388)\"\" \"About 
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Let A be the amount in 5% and B the amount in 6%.
\n" ); document.write( "1.\"A%2BB=14000\"
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\n" ); document.write( "\"0.05A%2B0.06B=780\"
\n" ); document.write( "2.\"5A%2B6B=78000\"
\n" ); document.write( "Multiply eq. 1 by -5 and add it to eq. 2 to eliminate A.
\n" ); document.write( "\"-5A-5B%2B5A%2B6B=-70000%2B78000\"
\n" ); document.write( "\"highlight%28B=8000%29\"
\n" ); document.write( "Then from eq. 1,
\n" ); document.write( "\"A%2B8000=14000\"
\n" ); document.write( "\"highlight%28A=6000%29\"
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