document.write( "Question 942865: A person invests $5000 in mutual funds and bonds. The mutual funds pay 8% annual interest, and the bonds pay 10% annual interest. If the annual income from both is $480, how much is invested in each? \n" ); document.write( "

Algebra.Com's Answer #574829 by TimothyLamb(4379) $\"\"$ $\"About$

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x = dollar amount invested at 8%
\n" ); document.write( "y = dollar amount invested at 10%
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\n" ); document.write( "x + y = 5000
\n" ); document.write( "0.08x + 0.10y = 480
\n" ); document.write( "---
\n" ); document.write( "put the system of linear equations into standard form
\n" ); document.write( "---
\n" ); document.write( "x + y = 5000
\n" ); document.write( "0.08x + 0.10y = 480
\n" ); document.write( "---
\n" ); document.write( "copy and paste the above standard form linear equations in to this solver:
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\n" ); document.write( "---
\n" ); document.write( "solution:
\n" ); document.write( "x = 1000
\n" ); document.write( "y = 4000
\n" ); document.write( "---
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