document.write( "Question 535933: A writer received $37,000 as royalty for her book. She invested part of the money in bonds paying 6% interest annually. The rest she invested in a life insurance policy paying 11% interest annually. If the total interest from the investments after 1 year is $3520 how much did she invest in bonds? \n" ); document.write( "
Algebra.Com's Answer #352084 by mananth(16946)\"\" \"About 
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Investment I 6.00% per annum ---x
\n" ); document.write( "Investment II 11.00% per annum ---y
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\n" ); document.write( "x+y=37000 ------------------------1
\n" ); document.write( "6.00%x+ 11.00% y=$3,520.00
\n" ); document.write( "Multiply by 100
\n" ); document.write( "6x+11y= $352,000.00 --------2
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\n" ); document.write( "Multiply (1) by -6
\n" ); document.write( "we get
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\n" ); document.write( "-6x-6y= -222000.00
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\n" ); document.write( "Add this to (2)
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\n" ); document.write( "0 x+ 5y= =$130,000.00
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\n" ); document.write( "divide by 5
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\n" ); document.write( "y =$26,000.00 investment at 11.00%
\n" ); document.write( "Balance $11,000.00 investment at 6.00%\r
\n" ); document.write( "\n" ); document.write( "CHECK
\n" ); document.write( "$11,000.00 --------- 6.00% ------- $660.00
\n" ); document.write( "$26,000.00 ------- 11.00% ------- $2,860.00
\n" ); document.write( "Total -------------- $3,520.00\r
\n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca
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