document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1109355>Question 1109355</A>: <I><SPAN STYLE=\"word-break: break-all;\"> maggie won 10,000 in a baking contest and decided to invest her winning in stocks and bonds, where stocks yielded 8% and yielded 6% annual interest.  if the total interest she earned at the end of one year was $720, how much did she invest in each?\r<BR>\n" );
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document.write( "thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #724345 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13215)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><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=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=724345\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "The algebraic solution provided by the other tutor is of course fine; it is the standard method for solving \"mixture\" problems.<br><BR>\n" );
document.write( "But try this much faster method and see if you like it....<br><BR>\n" );
document.write( "(1) The $720 interest on the $10,000 investment represents a return of 7.2%.<BR>\n" );
document.write( "(2) 7.2% is (1.2/2) = 3/5 of the way from 6% to 8%.<BR>\n" );
document.write( "(3) So 3/5 of the money was invested at 8%.<br><BR>\n" );
document.write( "Answer: 3/5 of $10,000, or $6000, at 8%; the rest, $4000, at 6%. </SPAN>\n" );
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