document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=389332>Question 389332</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A securities broker advised a client to invest a total of $21,000 in bonds paying 12% interest and in certificates of deposit paying 5 1/4% interest. The annual income from these investments was $2250. Find out how much was invested 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 #275866 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><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=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=275866\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 0.12x + 0.0525(21000 - x) = 2250;<BR>\n" );
document.write( "0.12x + 1102.5 - 0.0525x = 2250;<BR>\n" );
document.write( "0.0675x = 1147.5;<BR>\n" );
document.write( "x = $17,000, the amount invested in the bonds,<BR>\n" );
document.write( "21,000 - 17,000 = $4,000, the amount invested in COD. </SPAN>\n" );
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