document.write( "Question 901328: if $8000 is invested in a bank that pays 4% interest, how much more must be invested in bonds at 9% to earn 5% on the total investment? \n" ); document.write( "
Algebra.Com's Answer #546682 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! x+y=8000 \n" ); document.write( ".04x+.09y=.05(8000) \n" ); document.write( ".04x+.09y=400 \n" ); document.write( "x=8000-y \n" ); document.write( "0.04*(8000-y)+0.09*y=400 \n" ); document.write( "320-0.04y+0.09*y=400 \n" ); document.write( "0.05*y=80 \n" ); document.write( "y=1600 at 9% \n" ); document.write( "x=8000-y \n" ); document.write( "x=6400 at 4% \n" ); document.write( "check \n" ); document.write( "0.04*6400+0.09*1600=400 \n" ); document.write( "256+144=400 \n" ); document.write( "400=400 \n" ); document.write( "ok \n" ); document.write( " \n" ); document.write( " |