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)![]() ![]() You can put this solution on YOUR website! Let A be the amount in 5% and B the amount in 6%. \n" ); document.write( "1. \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( " \n" ); document.write( "2. \n" ); document.write( "Multiply eq. 1 by -5 and add it to eq. 2 to eliminate A. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Then from eq. 1, \n" ); document.write( " \n" ); document.write( " |