document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=742512>Question 742512</A>: <I><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "Ernest receives $555 per year from his $7000 investment in municipal and corporate bonds. His municipal bonds pay 6% and his corporate bond pays 9% How much money is invested in each type of bond? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #452522 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley79><B>checkley79(3341)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley79><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=452522\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .09X+.06(7000-X)=555<BR>\n" );
document.write( ".09X+420-.06X=555<BR>\n" );
document.write( ".03X=555-420<BR>\n" );
document.write( ".03X=135<BR>\n" );
document.write( "X=135/.03<BR>\n" );
document.write( "X=$4,500 IS INVESTED @ 9%.<BR>\n" );
document.write( "7000-4500=$2,500 IS INVESTED @6%.<BR>\n" );
document.write( "PROOF:<BR>\n" );
document.write( ".09*4500+.06*2500=555<BR>\n" );
document.write( "405+150=555<BR>\n" );
document.write( "555=555 </SPAN>\n" );
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