document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=602357>Question 602357</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Jim has $10000 to invest. He invests x dollars in tax-free municipal bonds yielding 8.5%.  He invests 3 times the amount he invested in the bonds in certificates of deposit earning 9%.  Jim puts the remainder of the money in a savings account at an interest rate of 5.25%.\r<BR>\n" );
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document.write( "A) express Jim's earned interest as a function of x.\r<BR>\n" );
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document.write( "B) How much total interest does Jim earn if he invests $3000 in certificates of deposits?\r<BR>\n" );
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document.write( "Please help with these questions, I am very confused.\r<BR>\n" );
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document.write( "Thank you very much.\r<BR>\n" );
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document.write( "Tony   </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #380266 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=380266\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Jim has $10000 to invest. He invests x dollars in tax-free municipal bonds yielding 8.5%. He invests 3 times the amount he invested in the bonds in certificates of deposit earning 9%. Jim puts the remainder of the money in a savings account at an interest rate of 5.25%. <BR>\n" );
document.write( "A) express Jim's earned interest as a function of x.<BR>\n" );
document.write( "Int = 0.085x + 0.09(3x)<BR>\n" );
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document.write( "B) How much total interest does Jim earn if he invests $3000 in certificates of deposits?<BR>\n" );
document.write( "Int = 0.085*1000 + 0.09(3000) = 85 + 270 = $355.00<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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