document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=864353>Question 864353</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Merry had $20,000 to invest. She invested part of this money in bonds paying 10% annual simple interest and the rest of the money in a savings account giving 5% annual interest. At the end of the year, she received $1,800 as extra income. How much money did merry place in the savings account.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #520935 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=520935\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Part I	10.00%		per annum	-------------	Amount invested =x		<BR>\n" );
document.write( "Part II	5.00%		per annum	------------	Amount invested = y		<BR>\n" );
document.write( "	20000						<BR>\n" );
document.write( "Interest-----	1800.00						<BR>\n" );
document.write( "							<BR>\n" );
document.write( "Part I	10.00%		per annum	---x			<BR>\n" );
document.write( "Part II	5.00%		per annum	---y			<BR>\n" );
document.write( "Total investment							<BR>\n" );
document.write( "x	+	1	y=	20000	-------------1		<BR>\n" );
document.write( "Interest on both investments							<BR>\n" );
document.write( "10.00%	x	+	5.00%	y=	1800		<BR>\n" );
document.write( "Multiply by		100					<BR>\n" );
document.write( "10	x	+	5	y=	180000.00	--------2	<BR>\n" );
document.write( "Multiply (1) by			-10				<BR>\n" );
document.write( "we get							<BR>\n" );
document.write( "-10	x	-10	y=	-200000.00			<BR>\n" );
document.write( "Add this to (2)							<BR>\n" );
document.write( "0	x	-5	y=	-20000			<BR>\n" );
document.write( "divide by		-5					<BR>\n" );
document.write( "			y	=	4000		<BR>\n" );
document.write( "Part I	10.00%	$	16000				<BR>\n" );
document.write( "Part II	5.00%	$	4000				<BR>\n" );
document.write( "							<BR>\n" );
document.write( "CHECK							<BR>\n" );
document.write( "16000	---------	10.00%	-------	1600.00			<BR>\n" );
document.write( "4000	-------------	5.00%	-------	200.00			<BR>\n" );
document.write( "Total			--------------------	1800.00			<BR>\n" );
document.write( "							<BR>\n" );
document.write( "m.ananth@hotmail.ca							<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );