document.write( "Question 14140: Hi Tutors:
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document.write( "Word prolems are a work in progress for me. Please show me how to work this one:
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document.write( "A business club split a $30,000 investment among three bond funds. The first one grew at 2%, the second at 3% and the third at 6%. The total earnings were $1,110. The earnings from the second fund were $150 more than those of the first. How much was invested in each fund? \n" );
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Algebra.Com's Answer #7103 by longjonsilver(2297)![]() ![]() You can put this solution on YOUR website! x+y+z = 30000 --eqn1\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "0.02x + 0.03y + 0.06z = 1110 --eqn2\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "0.03y = 0.02x + 150 --eqn3\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "OK... multiply eqn 1 by 0.06 then subtract eqn2, leaving 0.04x + 0.03y = 690 --eqn4\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now rearragne eqn3 around and then add it to eqn4, giving x = 9000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then find y and z as per the other Q.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "jon. \n" ); document.write( " \n" ); document.write( " |