document.write( "Question 443906: You were left a small inheritance by your Grandma. Her will stipulates that you invest 1/4 of the money in stocks, 1/4 of the money in bonds, and 1/2 of the money in U.S. Treasury Bills. Stocks pay 4% interest annually, bonds pay 8% interest annually, and U.S. Treasury Bills pay 2% annually. If your total annual interest on the three investments is $4000, how much did you inherit? \n" ); document.write( "

Algebra.Com's Answer #306123 by rwm(914) $\"\"$ $\"About$

You can put this solution on YOUR website!
Go gramma!
\n" ); document.write( "Four grand just interest is hefty amount.
\n" ); document.write( ".25x*.08+.25x*.04+.5x*.02=4000
\n" ); document.write( " \n" ); document.write( "

\n" );