document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=639476>Question 639476</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A retiring seaman has $8,600 to invest. He invested part of it in bonds getting 5% interest, and the remainder in mortgage, getting 6% interest. Find the investment at each rate if the total interest in a year is $500. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #402749 by </B><A HREF=/tutors/aboutme.mpl?userid=graphmatics><B>graphmatics(170)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=graphmatics><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=graphmatics><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=402749\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let x be the amount investedin bonds then ,05x is the bonds interest. .06(8600-x) is the mortgage interest. So:<BR>\n" );
document.write( ".05x+.06(8600-x)=500<BR>\n" );
document.write( ".05x+516-.06x=500<BR>\n" );
document.write( "-.01x=-16<BR>\n" );
document.write( "x=1600 bonds<BR>\n" );
document.write( "8600-1600=7000 mortgage </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );