document.write( "Question 1097416: Jancie has $180,000 to invest to obtain annual income. She wants some of it invested in safe Certificates of Deposit yielding 5% The rest she wants to invest in AA bonds yielding 12% per year. How much should she invest in each to realize exactly $17,400 per year?
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Algebra.Com's Answer #711883 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x at 5% \n" ); document.write( "180000-x at 12% \n" ); document.write( ".05x+.12(180000-x)=17400 \n" ); document.write( ".05x+21600-.12x=17400 \n" ); document.write( "-.07x=4200 \n" ); document.write( "x=$60000@5% for $3000 \n" ); document.write( "180000-x=$120000@12%=$14400 \n" ); document.write( "They add to $17,400 \n" ); document.write( " \n" ); document.write( " |