document.write( "Question 1056454: Matt invested $2000 in stocks and bonds. This year the bonds paid 8% interest and the stocks paid 6% in dividends. Matt received a total of $144 in interest and dividends. Write and solve a system of equations to find how much money was invested in bonds and how much was invested in stocks \n" ); document.write( "

Algebra.Com's Answer #671567 by josmiceli(19441) $\"\"$ $\"About$

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Let $\"+x+\"$ = amount invested in bonds
\n" ); document.write( " $\"+2000+-+x+\"$ = amount invested in stocks
\n" ); document.write( "----------------------------------------
\n" ); document.write( " $\"+.08x+%2B+.06%2A%28+2000+-+x+%29+=+144+\"$
\n" ); document.write( " $\"+.08x+%2B+120+-+.06x+=+144+\"$
\n" ); document.write( " $\"+.02x+=+24+\"$
\n" ); document.write( " $\"+x+=+1200+\"$
\n" ); document.write( "and
\n" ); document.write( " $\"+2000+-+1200+=+800+\"$
\n" ); document.write( "$1,200 was invested in bonds
\n" ); document.write( "$800 was invested in stocks
\n" ); document.write( "-------------------------------
\n" ); document.write( "check:
\n" ); document.write( " $\"+.08x+%2B+.06%2A%28+2000+-+x+%29+=+144+\"$
\n" ); document.write( " $\"+.08%2A1200+%2B+.06%2A800+=+144+\"$
\n" ); document.write( " $\"+96+%2B+48+=+144+\"$
\n" ); document.write( " $\"+144+=+144+\"$
\n" ); document.write( "OK
\n" ); document.write( " \n" ); document.write( "

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