document.write( "Question 710208:
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document.write( "You invested $10,000.00 in stocks and bonds, paying 5.3% and 8%, respectively. If the total interest earned for the year was $763.00, how much was invested in stocks and how much was invested by bonds? \n" );
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Algebra.Com's Answer #436958 by checkley79(3341)![]() ![]() ![]() You can put this solution on YOUR website! .053X+.08(10,000-X)=763 \n" ); document.write( ".053X+800-.08X=763 \n" ); document.write( "-.027X=763-800 \n" ); document.write( "-.027X=-37 \n" ); document.write( "X=-37/.027 \n" ); document.write( "X=$1,370.37 AMOUNT INVESTED @ 5.3%. \n" ); document.write( "10,000-1,370.37=$8,629.63 AMOUNT INVESTED @ 8%. \n" ); document.write( "PROOF: \n" ); document.write( ".053*1,370.37+.08*8,629.63=763 \n" ); document.write( "72.63+690.37=763 \n" ); document.write( "763=763 \n" ); document.write( " |