document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=924945>Question 924945</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr.walker invested 30,000 in stocks and bonds and had a total return of $2880 in one year . If his stock investment returned 10% and his bond returned 9% , then how much did he invest in each ? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #561197 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=561197\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Mr.walker invested 30,000 in stocks and bonds and had a total return of $2880 in one year . If his stock investment returned 10% and his bond returned 9% , then how much did he invest in each ?<BR>\n" );
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document.write( "Using 2 variables::<BR>\n" );
document.write( "Quantity:: t + n = 30,000 dollars<BR>\n" );
document.write( "Interest:10t +9n = 288000<BR>\n" );
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document.write( "Modify for elimination::<BR>\n" );
document.write( "10t + 10n = 300000<BR>\n" );
document.write( "10t + 9n = 288000<BR>\n" );
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document.write( "Subtract and solve for \"n\"::<BR>\n" );
document.write( "n = 12000 (amt invested at 9%<BR>\n" );
document.write( "30,000-12000 = 18000 (amt invested at 10%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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