document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=43686>Question 43686</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0618306056/algebrahomeworkh>Beginning Algebra with Applications</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> To provide for retirement income, Teresa Puelo purchases a $5000 bond that earns 7.5% annual simple interest.  How much money does Teresa have invested in bonds that earn 8% annual simple interest if the total annual interest earned from the two investments is $615? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #28676 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=28676\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Teresa Puelo purchases a $5000 bond that earns 7.5% annual simple interest. How much money does Teresa have invested in bonds that earn 8% annual simple interest if the total annual interest earned from the two investments is $615?\r<BR>\n" );
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document.write( "Let amount invested at 8% be \"x\".\r<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "interest + interest = 615<BR>\n" );
document.write( "0.075(5000)+0.08x=615<BR>\n" );
document.write( "375+0.08x=615<BR>\n" );
document.write( "0.08x=240<BR>\n" );
document.write( "x=$3000 (amount invested at 8%)<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( " </SPAN>\n" );
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