document.write( "Question 891018: Harold invested $30,000
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document.write( "He earns 6% on bonds
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document.write( "He earns 12% on stocks
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document.write( "Total profit on both stocks and bonds is $2,460\r
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document.write( "How much of the $30,000 did he invest in bonds? \n" );
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Algebra.Com's Answer #539434 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Harold invested $30,000 \n" ); document.write( " He earns 6% on bonds \n" ); document.write( " He earns 12% on stocks \n" ); document.write( " Total profit on both stocks and bonds is $2,460 \n" ); document.write( "How much of the $30,000 did he invest in bonds? \n" ); document.write( "--------------------- \n" ); document.write( "Quantity:: b + s = 30,000 \n" ); document.write( "Interest::0.06b + 0.12s = 2460 \n" ); document.write( "------ \n" ); document.write( "Modify:: \n" ); document.write( "b + s = 30,000 \n" ); document.write( "b + 2s = 41000 \n" ); document.write( "----------- \n" ); document.write( "Solve for \"s\": \n" ); document.write( "s = $11,000 \n" ); document.write( "b = $19,000 (amt. invested in bonds) \n" ); document.write( "-------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "-------------------- \n" ); document.write( " |