document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=565911>Question 565911</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kyle inherits $40,000 and invests part of the money in bonds with an interest rate of 11 percent. The remainder of the money is in savings at a 9 percent rate. What amount has he invested at each rate if he receives $4,080 in interest for one year?											<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #366016 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=366016\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Bonds	11.00%		per annum	----x					<BR>\n" );
document.write( "Savings	6.00%		per annum	----y					<BR>\n" );
document.write( "The sum of the investments is 						$40,000.00			<BR>\n" );
document.write( "The sum of individual interests = 				$4,080.00					<BR>\n" );
document.write( "x		+	y	40000	------------------------1				<BR>\n" );
document.write( "11.00%	x	+	6.00%	y	=	$4,080.00			<BR>\n" );
document.write( "Multiply by 		100							<BR>\n" );
document.write( "11	x	+	6	y	=	$408,000.00		--------2	<BR>\n" );
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document.write( "Multiply (1) by			-11						<BR>\n" );
document.write( "we get									<BR>\n" );
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document.write( "-11	x	-11	y	=		-440000.00			<BR>\n" );
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document.write( "Add this to (2)									<BR>\n" );
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document.write( "0	x	-5	y	=		-$32,000.00			<BR>\n" );
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document.write( "divide by		-5							<BR>\n" );
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document.write( "y	=		$6,400.00		investment at 	6.00%<BR>\n" );
document.write( "Balance			$33,600.00 		investment at 	11.00%<BR>\n" );
document.write( "CHECK									<BR>\n" );
document.write( "$33,600.00	@	11.00%	$3,696.00						<BR>\n" );
document.write( "$6,400.00	@	6.00%	$384.00						<BR>\n" );
document.write( "Total	---------------		$4,080.00						<BR>\n" );
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