document.write( "Question 1207785: Steve, a recent retiree, requires $5000 per year in extra income. He has $70,000 to invest and can invest in A-rated bonds paying 8% per year or in a certificate of deposit (CD) paying 5% per year. How much money should be invested in each to realize exactly $5000 in interest per year?\r
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\n" ); document.write( "\n" ); document.write( "Here is my system of equations:\r
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\n" ); document.write( "\n" ); document.write( "x + y = 70,000
\n" ); document.write( "0.08x + 0.05y = 5,000\r
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\n" ); document.write( "\n" ); document.write( "Let x = A-rated bonds\r
\n" ); document.write( "\n" ); document.write( "Let y = CD\r
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\n" ); document.write( "\n" ); document.write( "Is my set up correct? \r
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Algebra.Com's Answer #845867 by ikleyn(52781)\"\" \"About 
You can put this solution on YOUR website!
.\r
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\n" ); document.write( "\n" ); document.write( "This setup is correct.\r
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