document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1060937>Question 1060937</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 8000 is invested in cds and stocks the cd pay annual interest rate of 3% and the stocks end up yielding an annual interest rate of 4% if the amount of interest received after one year is $275 then how much was invested into the cds </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #675832 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=675832\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x is cd<BR>\n" );
document.write( "8000-x is stocks<BR>\n" );
document.write( ".03x+.04(8000-x)=0.03x+320-.04x=275<BR>\n" );
document.write( "-0.01x=-45<BR>\n" );
document.write( "x=$4500 cds ANSWER and 3%=$135<BR>\n" );
document.write( "8000-x=$3500 stocks @4%=$140<BR>\n" );
document.write( "That total is $275\r<BR>\n" );
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document.write( " </SPAN>\n" );
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