document.write( "Question 1161203: Mardi received an inheritance of $60,000. She invested part at 9% and deposited the remainder in tax-free bonds at 8%. Her total annual income from the investments was $5100. Find the amount invested at 9%. \n" ); document.write( "
Algebra.Com's Answer #784699 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "All $60,000 invested at 9% would have earned $5400 income; all at 8% would have earned $4800 income. \n" ); document.write( "The actual income, $5100, is exactly halfway between $4800 and $5400; that means the total was split equally between the two investments. \n" ); document.write( "ANSWER: $30,000 at 9% \n" ); document.write( " \n" ); document.write( " |