document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=357204>Question 357204</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Joe inherited some money from his father. He invested one-half of this amount at 5%, one-third (1/3) of this amount at 6%, and the rest at 3%. If the total income from these investments was $300, <BR>\n" );
document.write( "What was the amount he inherited??? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #255138 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=255138\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Joe inherited some money from his father. He invested one-half of this amount at 5%, one-third (1/3) of this amount at 6%, and the rest at 3%. If the total income from these investments was $300, <BR>\n" );
document.write( "What was the amount he inherited???<BR>\n" );
document.write( "...<BR>\n" );
document.write( "let Joe inherit $x<BR>\n" );
document.write( "x/2 @ 5% interest = <BR>\n" );
document.write( "x/3 @ 6% interest = .<BR>\n" );
document.write( "x/2+x/3 = 5x/6 is total on two investments<BR>\n" );
document.write( "balance = x-5x/6<BR>\n" );
document.write( "=x/6<BR>\n" );
document.write( "(x/2) * 5% +(x/3)*6% +(x/6)*3%=300<BR>\n" );
document.write( "0.025x+0.02x+0.005x=300<BR>\n" );
document.write( "o.05x=300<BR>\n" );
document.write( "x=300/0.05<BR>\n" );
document.write( "x= $6000 is the amount inherited<BR>\n" );
document.write( "...<BR>\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );