document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=803860>Question 803860</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A physician invests $24,000 in bonds. If one bond yeilds 6% and the other yeilds 12%, how much is invested in each if the annual income from both bonds in $1980?\r<BR>\n" );
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document.write( "to start the problem, i made a chart. writing bond 1 and bond 2. then made bond one (x) and bond two is (24,000 - x) then bond one at .06 and bond two .12 how do i continue from there? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #484501 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=484501\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A physician invests $24,000 in bonds. If one bond yeilds 6% and the other yeilds 12%, how much is invested in each if the annual income from both bonds in $1980? <BR>\n" );
document.write( "to start the problem, i made a chart. writing bond 1 and bond 2. then made bond one (x) and bond two is (24,000 - x) then bond one at .06 and bond two .12 how do i continue from there?<BR>\n" );
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document.write( "Interest Equation::<BR>\n" );
document.write( "int + int = int<BR>\n" );
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document.write( "0.06x + 0.12(24000-x) = 1980<BR>\n" );
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document.write( "6x + 12*24000 - 12x = 198000<BR>\n" );
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document.write( "-12x = 198000 - 288000<BR>\n" );
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document.write( "-12x = -90000<BR>\n" );
document.write( "x = $7500 (amt. invested at 6%)<BR>\n" );
document.write( "24000 - x = $16,500 (amt. invested at 12%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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