document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1065425>Question 1065425</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A retired woman has $80,000 to invest but needs to make $3,000 a year from the interest to meet certain living expenses. One bond investment pays 15% annual interest. The rest of it she wants to put in a CD that pays 7%. \r<BR>\n" );
document.write( "\n" );
document.write( "If we let x be the amount the woman invests in the 15% bond, how much in dollars will she be able to invest in the CD? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #853948 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13326)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=853948\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "Getting $3000 interest on an investment of $80,000 requires a percentage return of <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100%2A%283000%2F80000%29 ALIGN=MIDDLE  ALT=\"100%2A%283000%2F80000%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 3.75 percent.<br><BR>\n" );
document.write( "With interest rates of 7% and 15% from the two investment opportunities, she will earn MORE than $3000 regardless of how much she invests in each place.<br><BR>\n" );
document.write( "The problem as posted makes little or no sense.<br><BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );