document.write( "Question 1040758: If I have 43000 and I invest part of it on bonds paying 4% interest Annual and some to life inc paying 8% interest annual. And the total interest from this investment after 1year is 2880 how much did I invest in bonds \n" ); document.write( "
Algebra.Com's Answer #655649 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x=invested at 4% \n" ); document.write( "43000-x=invested at 8% \n" ); document.write( ".04x+.08(43000-x)=2880 \n" ); document.write( ".04x+3440-.08x=2880 \n" ); document.write( "-.04x=-560 \n" ); document.write( "multiply both sides by -25 \n" ); document.write( "x=$14,000 in bonds@4%=$560 \n" ); document.write( "43000-x in life insurance @ 8% is 29,000@8%=$2320 \n" ); document.write( "They add to $2880. \n" ); document.write( " |