document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=352042>Question 352042</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A women has $56,000.  Part is invested for 1year in a CD paying 7% interest, and the remaining amount in a cash managements fund paying 10%.  The total interest on the two investments is $4,220.  How much does she invest at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #251528 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=251528\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A women has $56,000.  Part is invested for 1year in a CD paying 7% interest, and the remaining amount in a cash managements fund paying 10%.  The total interest on the two investments is $4,220.  How much does she invest at each rate?<BR>\n" );
document.write( "...<BR>\n" );
document.write( "let x be invested in 7%<BR>\n" );
document.write( "56000-x = invested in 10%<BR>\n" );
document.write( "...<BR>\n" );
document.write( "interest = 4220<BR>\n" );
document.write( "..<BR>\n" );
document.write( "0.07x+(56000-x)*0.1= 4220<BR>\n" );
document.write( "0.07x +5600-0.1x=4220<BR>\n" );
document.write( "-0.03x=4220-5600<BR>\n" );
document.write( "-0.03x=-1380<BR>\n" );
document.write( "x= -1380/0.03<BR>\n" );
document.write( "x= $46,000 @ 7%<BR>\n" );
document.write( "Balance at 10%\r<BR>\n" );
document.write( "\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
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