document.write( "Question 1160429: A combined total of $51,000 is invested in two bonds that pay 1% and 8% simple interest. The annual interest is $2,890.00. How much is invested in each bond?\r
\n" ); document.write( "\n" ); document.write( "The amount invested at 1% is $ .
\n" ); document.write( "The amount invested at 8% is $ . \n" ); document.write( "

Algebra.Com's Answer #783700 by ikleyn(52803) $\"\"$ $\"About$

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document.write( "0.01*x + 0.08*(51000-x) = 2890.\r\n" );
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document.write( "x =  = 17000.\r\n" );
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document.write( "ANSWER.  $17000 invested at 1%.  The rest, 51000-17000 = 34000 dollars invested at 8%.\r\n" );
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\n" ); document.write( "\n" ); document.write( "It is a standard and typical problem on investments.\r
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\n" ); document.write( "\n" ); document.write( "If you need more details, or if you want to see other similar problems solved by different methods, look into the lesson \r
\n" ); document.write( "\n" ); document.write( " - Using systems of equations to solve problems on investment\r
\n" ); document.write( "\n" ); document.write( "in this site.\r
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\n" ); document.write( "\n" ); document.write( "You will find there different approaches (using one equation or a system of two equations in two unknowns), as well as
\n" ); document.write( "different methods of solution to the equations (Substitution, Elimination).\r
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\n" ); document.write( "\n" ); document.write( "Also, you have this free of charge online textbook in ALGEBRA-I in this site\r
\n" ); document.write( "\n" ); document.write( " - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r
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\n" ); document.write( "\n" ); document.write( "The referred lesson is the part of this online textbook under the topic \"Systems of two linear equations in two unknowns\".\r
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\n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r
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\n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I
\n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r
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\n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r
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