document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=54542>Question 54542</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0618250182/algebrahomeworkh>algebra 1</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> You receive $5ooo. You decide to invest the money in a one-year bond paying 2% interest and in a one-year certificate of deposit paying 6% interest.  Let m represent the amount of money invested in the one-year bond.  Write a function that represents the total amount of money T that you have after one year.  Simplify the function. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #36801 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=36801\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You receive $5ooo. You decide to invest the money in a one-year bond paying 2% interest and in a one-year certificate of deposit paying 6% interest. Let m represent the amount of money invested in the one-year bond. Write a function that represents the total amount of money T that you have after one year. Simplify the function.<BR>\n" );
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document.write( "Let amount invested at 2% be \"m\"<BR>\n" );
document.write( "Interest on that money will be 0.02m dollars<BR>\n" );
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document.write( "Amount invested at 6% will be \"5000-m\"<BR>\n" );
document.write( "Interest on that money will be 0.06(5000-m)=300-0.06m<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "Total = principal + interest + interest<BR>\n" );
document.write( "T = 5000 + 0.02m + 300-0.06m<BR>\n" );
document.write( "T = 5300 - 0.04m<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );