document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=581475>Question 581475</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I am having a bit of trouble with this - any help would be appreciated-<BR>\n" );
document.write( " Last year, Elaine's investment earnings were: $13,000 She had three types of investments: Stocks, Bonds, and Mutual Funds. Her stocks paid a return of 10% while her mutual funds paid a return of 6% and her bonds paid a return of 2%. If Elaine invested 25% of her money in stocks, 25% of her money in mutual funds and 50% of her money in bonds, then...						how much did she invest in Stock?					how much did she invest in Mutual Funds?					how much did she invest in Bonds?	 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #371659 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=371659\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Last year, Elaine's investment earnings were: $13,000 <BR>\n" );
document.write( "--------------------------<BR>\n" );
document.write( "She had three types of investments: Stocks, Bonds, and Mutual Funds. <BR>\n" );
document.write( "-------<BR>\n" );
document.write( "Her stocks paid a return of 10% while her mutual funds paid a return of 6% and her bonds paid a return of 2%. <BR>\n" );
document.write( "---<BR>\n" );
document.write( "If Elaine invested 25% of her money in stocks, 25% of her money in mutual funds and 50% of her money in bonds, then... how much did she invest in Stock? how much did she invest in Mutual Funds? how much did she invest in Bonds? <BR>\n" );
document.write( "-----------<BR>\n" );
document.write( "Let her total investment be \"x\":<BR>\n" );
document.write( "stocks = 0.25x<BR>\n" );
document.write( "mut fds = 0.25x<BR>\n" );
document.write( "bonds = 0.50x<BR>\n" );
document.write( "--------------------<BR>\n" );
document.write( "interest + interest + interest = interest<BR>\n" );
document.write( "0.10(0.25x) + 0.06(0.25x) + 0.02(0.50x) = 13000<BR>\n" );
document.write( "----<BR>\n" );
document.write( "Multiply thru by 10,000 to get:<BR>\n" );
document.write( "10*25x + 6*25x + 2*50x = 130000000<BR>\n" );
document.write( "---<BR>\n" );
document.write( "250x + 125x + 100x = 130000000<BR>\n" );
document.write( "475x = 130000000<BR>\n" );
document.write( "x = 273,684.21<BR>\n" );
document.write( "--------------------------------<BR>\n" );
document.write( "stocks = 0.25x = 68,421.05<BR>\n" );
document.write( "mut fds = 0.25x = 68,421.05<BR>\n" );
document.write( "bonds = 0.50x = 136,842.11<BR>\n" );
document.write( "================================<BR>\n" );
document.write( "cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );