document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1049466>Question 1049466</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A prudent investor wants to invest $14000, some in stocks earning 12% annually and the rest in bonds earning 4% annually. How much should be invested in each type of investment to get a return of $1360 annually? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #665059 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=665059\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Some in stocks at 12%: 0.12x<BR>\n" );
document.write( "The rest in bonds at 4%: 0.04(14000-x) Note: Minus x, since x is invested at 12%<BR>\n" );
document.write( ":<BR>\n" );
document.write( "Put it together:<BR>\n" );
document.write( "0.12x+0.04(14000-x) = 1360<BR>\n" );
document.write( "0.12x+560-0.04x = 1360<BR>\n" );
document.write( "0.08x = 800<BR>\n" );
document.write( "x = 10,000 this is the amount invested at 12%<BR>\n" );
document.write( "14,000-10,000 = 4,000 is invested in bonds at 4%<BR>\n" );
document.write( ">>>>>>>>>>>>>>>>>><BR>\n" );
document.write( "Check:<BR>\n" );
document.write( "10,000*0.12 = 1,200<BR>\n" );
document.write( "4,000*0.04 .  = 160<BR>\n" );
document.write( ". . . . . . . -----------<BR>\n" );
document.write( "Total . . . . 1,360 Correct<BR>\n" );
document.write( ":<BR>\n" );
document.write( "John </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );