document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977636>Question 977636</A>: <I><SPAN STYLE=\"word-break: break-all;\"> you have 70,000 to invest. part in a mutual fund paying 8% per year, the rest in an etf paying 12% per year. you must have a 9% return on the investments. how much money should you put in each investment? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #599213 by </B><A HREF=/tutors/aboutme.mpl?userid=richwmiller><B>richwmiller(17219)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=richwmiller><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/cgi-bin/show-face.mpl?user=richwmiller><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599213\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x+y=70000,<BR>\n" );
document.write( "0.12*x+0.08*y=0.09*70000<BR>\n" );
document.write( "0.12*x+0.08*y=6300<BR>\n" );
document.write( "x=70000-y<BR>\n" );
document.write( "0.12*(70000-y)+0.08*y=6300<BR>\n" );
document.write( "8400-0.12y+0.08*y=6300<BR>\n" );
document.write( "-0.04*y=-2100<BR>\n" );
document.write( "y=52500 at 8%<BR>\n" );
document.write( "x=70000-y<BR>\n" );
document.write( "x=17500 at 12%<BR>\n" );
document.write( "check<BR>\n" );
document.write( "0.12*17500+0.08*52500=0.09*70000<BR>\n" );
document.write( "2100+4200=6300<BR>\n" );
document.write( "6300=6300<BR>\n" );
document.write( "ok<BR>\n" );
document.write( "codeint3p<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );