document.write( "Question 98036: A combined total of $20,000 is invested in two bonds that pay 8% and 9.5% simple intrest. The annual interest is $1675. How much is invested in each bond? \n" ); document.write( "
Algebra.Com's Answer #71367 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! .095X+.08(20000-X)=1675 \n" ); document.write( ".095X+1600-.08X=1675 \n" ); document.write( ".015X=1675-1600 \n" ); document.write( ".015X=75 \n" ); document.write( "X=75/.015 \n" ); document.write( "X=5000 INVESTED @ 9.5% \n" ); document.write( "20000-5000=15000 INVESTED @ 8% \n" ); document.write( "PROOF \n" ); document.write( ".095*5000=.08*15000=1675 \n" ); document.write( "475+1200=1675 \n" ); document.write( "1675=1675 \n" ); document.write( " \n" ); document.write( " |