document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=431877>Question 431877</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor had a total of 25,000 put into a portfolio of stocks, bonds, and mutual funds. In one year, he earned 8% on the stock investment, 10% on the bond investment and 6% on the mutual funds investment. The annual(simple interest) return was $1860. if the amount invested in the mutual fund was twice the investment in bonds, then how much did he originally put in each of the three individual investments? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #299597 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=299597\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Bonds ------ $x -------10%<BR>\n" );
document.write( "Mutual funds -$2x-------6%<BR>\n" );
document.write( "Stock -------(25000-3x)---8%\r<BR>\n" );
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document.write( "Interest = 1860\r<BR>\n" );
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document.write( "10x+6*2x+8(25000-3x)= 1860*100\r<BR>\n" );
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document.write( "10x+12x+200000-24x =186000<BR>\n" );
document.write( "-2x=-14,000<BR>\n" );
document.write( "x= $7000 ------- Bonds<BR>\n" );
document.write( "Mutual funds --- 2x= $14,000<BR>\n" );
document.write( "Stocks --------- $4000\r<BR>\n" );
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document.write( "CHECK\r<BR>\n" );
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document.write( "7000*0.1+14000*0.06+4000*0.08=1860 </SPAN>\n" );
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