document.write( "Question 1031393: Timmy has three times as much money invested at 5% bonds as he has in stocks paying 7%. If his annual income from the stocks and bonds is $158.40, how much has he invested in bonds?\r
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Algebra.Com's Answer #646209 by MathTherapy(10552)\"\" \"About 
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\n" ); document.write( "Timmy has three times as much money invested at 5% bonds as he has in stocks paying 7%. If his annual income from the stocks and bonds is $158.40, how much has he invested in bonds?
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Let amount invested in bonds and stocks, be B, and S, respectively
\n" ); document.write( "Then: B = 3S______\"S+=+B%2F3\" -------eq (i)
\n" ); document.write( "Also, .05B + .07S = 158.4 ---- eq (ii)
\n" ); document.write( "\".05B+%2B+.07%28B%2F3%29+=+158.4\" ------- Substituting \"B%2F3\" for S in eq (ii)
\n" ); document.write( "\".05B+%2B+.07B%2F3+=+158.4\"
\n" ); document.write( ".15B + .07B = 475.2 ----------- Multiplying by LCD, 3
\n" ); document.write( ".22B = 475.2
\n" ); document.write( "B, or amount invested in bonds = \"475.2%2F.22\", or \"highlight_green%28matrix%281%2C1%2C+%22%242%2C160%22%29%29\" \n" ); document.write( "
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