document.write( "Question 85560: Suppose that $18,000 is invested in two types of bonds for one year. part of the money is invested in a high-risk, high-growth fund that earned 24% annual interest. The rest is invested in a safe fund that earned 5% annual interest. If $2320 in interest is earned, how much was invested in each account? \n" ); document.write( "
Algebra.Com's Answer #61820 by stanbon(75887)\"\" \"About 
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Suppose that $18,000 is invested in two types of bonds for one year. part of the money is invested in a high-risk, high-growth fund that earned 24% annual interest. The rest is invested in a safe fund that earned 5% annual interest. If $2320 in interest is earned, how much was invested in each account?
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\n" ); document.write( "24% investment DATA:
\n" ); document.write( "Amount = x dollars; amt of interest = 0.24x dollars
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\n" ); document.write( "5% investment DATA:
\n" ); document.write( "Amount = 18000-x ; amt of interest = 0.05(18000-x)= 900-0.05x dollars
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\n" ); document.write( "EQUATION:
\n" ); document.write( "interest + interest = interest
\n" ); document.write( "0.24x + 900 - 0.05x = 2320
\n" ); document.write( "Multiply thru by 100 to get:
\n" ); document.write( "24x + 90000 - 5x = 232000
\n" ); document.write( "19x = 142000
\n" ); document.write( "x= $7473.68
\n" ); document.write( "18000-x=$10,526.32
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\n" ); document.write( "Chers,
\n" ); document.write( "Stlan H. \n" ); document.write( "
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