document.write( "Question 515502: Natasha inherits $50,000 and decides to give $20,000 to charity. With the remaining money she invests, into two stocks paying 16% and 25%. If she makes $6060 on the two investments, find how much money is invested in each stock. Please include variables and representation. \n" ); document.write( "
Algebra.Com's Answer #344041 by mananth(16946)\"\" \"About 
You can put this solution on YOUR website!
Investment I 16.00% per annum ---x
\n" ); document.write( "Investment II 25.00% per annum ---y
\n" ); document.write( "
\n" ); document.write( "x + y= 30000 ------------------------1
\n" ); document.write( "16.00% x + 25.00% y = $6,060.00
\n" ); document.write( "Multiply by 100
\n" ); document.write( "16 x + 25 y = $606,000.00 --------2
\n" ); document.write( "
\n" ); document.write( "Multiply (1) by -16
\n" ); document.write( "we get
\n" ); document.write( "
\n" ); document.write( "-16 x -16 y = -480000.00
\n" ); document.write( "
\n" ); document.write( "Add this to (2)
\n" ); document.write( "
\n" ); document.write( "0 x 9 y = $126,000.00
\n" ); document.write( "
\n" ); document.write( "divide by 9
\n" ); document.write( "
\n" ); document.write( "y = $14,000.00 investment at 25.00%
\n" ); document.write( "Balance $16,000.00 investment at 16.00%
\n" ); document.write( "CHECK
\n" ); document.write( "$16,000.00 --------- 16.00% ------- $2,560.00
\n" ); document.write( "$14,000.00 ------- 25.00% ------- $3,500.00
\n" ); document.write( "Total ------- $6,060.00\r
\n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca
\n" ); document.write( "
\n" ); document.write( "
\n" );