document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1072621>Question 1072621</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Gilbert plans to invest $12,000 into two types of bonds which yield 9% and 11% annually. If he wants to earn a total of $1200 annually, how much should he invest in each bond?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #687565 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=687565\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let n be the amount invested at 11%. Then the amount invested at 9% would be 12000-n. So:<BR>\n" );
document.write( ".11n+.09(12000-n)=1200<BR>\n" );
document.write( ".02n+1080=1200<BR>\n" );
document.write( ".02n=120<BR>\n" );
document.write( "n=$6000 to be invested at 11%, and another $6000 to be invested at 9%. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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