document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=941719>Question 941719</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Dr. D. Jones has a total of $3000 invested in two stocks. Stock A pays dividends at the rate of 6% and Stock B at the rate of 8%. If her dividends from the two stocks total $220 per year, how much did she invest in each stock? <BR>\n" );
document.write( "Stock A , Stock B  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #574091 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=574091\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Dr. D. Jones has a total of $3000 invested in two stocks. Stock A pays dividends at the rate of 6% and Stock B at the rate of 8%. If her dividends from the two stocks total $220 per year, how much did she invest in each stock? <BR>\n" );
document.write( "---------------------<BR>\n" );
document.write( "Equations:<BR>\n" );
document.write( "Quantity:: A + B = 3000 dollars<BR>\n" );
document.write( "Interest:: 0.06A + 0.08B = 220<BR>\n" );
document.write( "-------<BR>\n" );
document.write( "Modify for elimination::<BR>\n" );
document.write( "6A + 6B = 6*3000<BR>\n" );
document.write( "6a + 8B = 22000<BR>\n" );
document.write( "------------<BR>\n" );
document.write( "Subtract and solve for \"B\"::<BR>\n" );
document.write( "2B = 4000<BR>\n" );
document.write( "B = $2000 (amt. invested at 8%)<BR>\n" );
document.write( "----<BR>\n" );
document.write( "A = 3000-2000 = $1000 (invested at 6%)<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" );