document.write( "Question 1032856: 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? \n" ); document.write( "
Algebra.Com's Answer #647455 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Timmy has three times as much money invested at 5% bonds as he has in stocks paying 7%. \r \n" ); document.write( "\n" ); document.write( "investment at 7% -----------x \n" ); document.write( "Investment at 5% -----------3x\r \n" ); document.write( "\n" ); document.write( "annual income from the stocks and bonds is $158.40, \r \n" ); document.write( "\n" ); document.write( "3x*5% +7%x=158.40\r \n" ); document.write( "\n" ); document.write( "multiply by 100 \n" ); document.write( "15x+7x=15840 \n" ); document.write( "21x=15840 \n" ); document.write( "x= 720\r \n" ); document.write( "\n" ); document.write( " $2160 invested in bonds \n" ); document.write( " |