document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=385766>Question 385766</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Of the $50,000 that Natasha pocketed<BR>\n" );
document.write( "on her last real estate deal, $20,000 went to charity. She<BR>\n" );
document.write( "invested part of the remainder in Dreyfus New Leaders Fund<BR>\n" );
document.write( "with an annual yield of 16% and the rest in Templeton<BR>\n" );
document.write( "Growth Fund with an annual yield of 25%. If she made<BR>\n" );
document.write( "$6060 on these investments in 1 year, then how much did she<BR>\n" );
document.write( "invest in each fund?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #272869 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=272869\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Of the $50,000 that Natasha pocketed<BR>\n" );
document.write( "on her last real estate deal, $20,000 went to charity. <BR>\n" );
document.write( "-------------------------<BR>\n" );
document.write( "She invested part of the remainder in Dreyfus New Leaders Fund<BR>\n" );
document.write( "with an annual yield of 16% and the rest in Templeton<BR>\n" );
document.write( "Growth Fund with an annual yield of 25%. If she made<BR>\n" );
document.write( "$6060 on these investments in 1 year, then how much did she<BR>\n" );
document.write( "invest in each fund?<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "Equations:<BR>\n" );
document.write( "Quantity Eq:::     x +  y = 30000<BR>\n" );
document.write( "Interest Eq::: 0.16x+0.25y = 6060<BR>\n" );
document.write( "---<BR>\n" );
document.write( "Multiply the Quantity Eq. by 16<BR>\n" );
document.write( "Multiply the Interest Eq. by 100<BR>\n" );
document.write( "----------------------------<BR>\n" );
document.write( "16x + 16y = 16*30000<BR>\n" );
document.write( "16x + 25y = 606000<BR>\n" );
document.write( "------------------------<BR>\n" );
document.write( "Subtract and solve for \"y\":<BR>\n" );
document.write( "9y = 126000<BR>\n" );
document.write( "----<BR>\n" );
document.write( "y = $14000 (amt. invested at 25%<BR>\n" );
document.write( "---<BR>\n" );
document.write( "Since x+y= 30000, x = $16000 (amt. invested at 16%)<BR>\n" );
document.write( "==============<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "-------\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );