document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=676665>Question 676665</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can somebody help me with this question? I need it answer by today.\r<BR>\n" );
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document.write( "A financial manager invested 20% of a client's money in bonds paying 9% annual simple interest, 35% in an 8% simple interest account, and the remainder in 9.5% corporate bonds. Find the amount invested in each if the total annual interest earned is $4,970.<BR>\n" );
document.write( "at 9%  	$  <BR>\n" );
document.write( "at 8%  	$  <BR>\n" );
document.write( "at 9.5%  	$  <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 #420452 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=420452\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A financial manager invested 20% of a client's money in bonds paying 9% annual simple interest, 35% in an 8% simple interest account, and the remainder in 9.5% corporate bonds. <BR>\n" );
document.write( "Find the amount invested in each if the total annual interest earned is $4,970.<BR>\n" );
document.write( "The remainder = 45%<BR>\n" );
document.write( "A = total amount<BR>\n" );
document.write( "-----------------<BR>\n" );
document.write( "0.2*A*0.09 + 0.35*A*0.08 + 0.45*A*0.095 = 4970<BR>\n" );
document.write( "A*(0.018 + 0.028 + 0.04275) = A*0.08875 = 4970<BR>\n" );
document.write( "A = 4970/0.08875<BR>\n" );
document.write( "A = $56000 </SPAN>\n" );
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