document.write( "Question 1121432: A financial advisor advises Jennifer to invest her money equally in stocks and bonds. If the return on bonds is 4.5% and the return on the stocks is anticipated to be 7%, how much should she invest in each type of investment to make $2530 each year? \n" ); document.write( "

Algebra.Com's Answer #737329 by ikleyn(52800) $\"\"$ $\"About$

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document.write( "Let x be an amount she invests in each fund.\r\n" );
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document.write( "Then your equation is\r\n" );
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document.write( "    interest + interest = total interest,   or\r\n" );
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document.write( "    0.045x   + 0.07x    = 2530  dollars\r\n" );
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document.write( "    0.115x = 2530\r\n" );
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document.write( "    x =  = 22000.\r\n" );
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document.write( "Answer.  Each investment should be $22000.\r\n" );
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