document.write( "Question 542951: A woman has $19,000 to invest in two funds that pay simple interest at the rates of 4% and 6% per year. Interest on the 4% fund is tax-exempt; however, income tax must be paid on interest on the 6% fund. Being in a high tax bracket, the woman does not wish to invest the entire sum in the 6% account. Is there a way of investing the money so that she will receive $1000 in interest at the end of one year? I have tried x+y=19000 and 0.4x+0.6y=1000... I have also tried x+y=1000 and 0.4x+0.6y=19000. \n" ); document.write( "
Algebra.Com's Answer #354755 by jpg7n16(66)![]() ![]() ![]() You can put this solution on YOUR website! \"I have tried x+y=19000 and 0.4x+0.6y=1000\" \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( "Have you tried x+y=19,000 and 0.04x+0.06y=$1000? \n" ); document.write( ". \n" ); document.write( "1) \n" ); document.write( "2) \n" ); document.write( ". \n" ); document.write( "1) \n" ); document.write( "2) \n" ); document.write( ". \n" ); document.write( "1) \n" ); document.write( "2) \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( "Subtract: \n" ); document.write( ". \n" ); document.write( "Easier: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |