document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=95643>Question 95643</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Susan purchased municipal bonds which yield 7% annually and certificates of deposit which yield 8% annually. If Susan's initial investment amounts to $18,000 and the annual income is $1380, how much money is invested in bonds and how much is invested in certificates of deposit? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #69699 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley71><B>checkley71(8403)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley71><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=69699\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .08*X+.07(18000-X)=1380<BR>\n" );
document.write( ".08X+1260-.07X=1380<BR>\n" );
document.write( ".01X=1380-1260<BR>\n" );
document.write( ".01X=120<BR>\n" );
document.write( "X=120/.01<BR>\n" );
document.write( "X=12000 INVESTED IN CERTIFICATES.<BR>\n" );
document.write( "18000-12000=6000 INMVESTED IN BONDS.<BR>\n" );
document.write( "PROOF<BR>\n" );
document.write( "12000*.08+6000*.07=1380<BR>\n" );
document.write( "960+420=1380<BR>\n" );
document.write( "1380=1380 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );