document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=471040>Question 471040</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Nancy wants to invest her $50 000.00. She  invests part of it in corporate bonds paying 15% interest per year and  the other part in a bank certificate that pays 7% interest per year. How much should she  invest at each rate to yield  $6,000 interest per year? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #323108 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=323108\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .07m+.15(50000-m)=6000<BR>\n" );
document.write( "7m+15(50000-m)=600000<BR>\n" );
document.write( "7m+750000-15m=600000<BR>\n" );
document.write( "8m=150000<BR>\n" );
document.write( "m=18750<BR>\n" );
document.write( "50000-m=31250<BR>\n" );
document.write( "Nancy needs to invest $18,750 at 7% and $31250 at 15%.. </SPAN>\n" );
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