document.write( "Question 1139025: Matt inherits $90,000 and decides to invest part of it in an education account for his daughter and the rest in a 10-year CD. If the amount he puts in the education account is $12,000 less than twice the amount he puts in the CD, how much money does Matt invest in each account? \n" ); document.write( "

Algebra.Com's Answer #756812 by ikleyn(52805) $\"\"$ $\"About$

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document.write( "From the condition, you have these two equations\r\n" );
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document.write( "    X  + Y = 90000   (1)\r\n" );
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document.write( "    2X - Y = 12000   (2)\r\n" );
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document.write( "(where X = CD, Y = education).\r\n" );
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document.write( "Add equations (1) and (2).\r\n" );
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document.write( "    3X = 90000 + 12000 = 102000    =====>  X =  = 34000 dollars in CD    ANSWER\r\n" );
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document.write( "The rest,  90000 - 34000 = 56000 in education.    ANSWER\r\n" );
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document.write( "CNECK.   2*34000 - 56000 = 68000 - 56000 = 12000.    ! Correct !\r\n" );
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