document.write( "Question 860275: 21. A securities broker advised a client to invest a total of $21,000 in bond paying 12% interest and in certificates of deposit paying 5 1/4% interest. The annual income form these investments was $2250. Find out how much he invested at each rate. \r
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document.write( "If you could solve this problem it would be greatly appreciated! \n" );
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Algebra.Com's Answer #518279 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "Let \n" ); document.write( "---------------------------------- \n" ); document.write( "(1) \n" ); document.write( "(2) \n" ); document.write( "---------------------------- \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "-------------------------- \n" ); document.write( "Multiply both sides of (1) by \n" ); document.write( "and subtract (1) from (2) \n" ); document.write( "(2) \n" ); document.write( "(1) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "------------------- \n" ); document.write( "$17,000 is invested @ 12% and \n" ); document.write( "$4,000 is invested @ 5.25% \n" ); document.write( "---------------------------- \n" ); document.write( "check: \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "OK \n" ); document.write( " |