document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=871612>Question 871612</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this word problem. A total of $39,000 is invested in two bonds that pay 5.75% and 6.25% interest. The investor wants to receive $2400 interest each year. How much should be invested in each account? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #525651 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=525651\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this word problem. A total of $39,000 is invested in two bonds that pay 5.75% and 6.25% interest. The investor wants to receive $2400 interest each year. How much should be invested in each account?<BR>\n" );
document.write( "----------------<BR>\n" );
document.write( "Equation::<BR>\n" );
document.write( "interest + interest = interest<BR>\n" );
document.write( "0.0575x + (0.0625)(39,000-x) = 2400<BR>\n" );
document.write( "----------------------<BR>\n" );
document.write( "Multiply thru by 10,000 to get:<BR>\n" );
document.write( "575x + 625*39,000 - 625x = 24000000<BR>\n" );
document.write( "-----------------------<BR>\n" );
document.write( "-50x = -375000<BR>\n" );
document.write( "x = $7500 (amt. invested at 5.75%<BR>\n" );
document.write( "39,000-7500 = $31.500 (amt. invested at 6.25%<BR>\n" );
document.write( "---------------------------<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "================== </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );