document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=122726>Question 122726</A>: <I><SPAN STYLE=\"word-break: break-all;\"> how would this story problem work?\r<BR>\n" );
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document.write( "Char inherited $30,000 from her great uncle. She invested it in 2 different funds. One earns 5% adn the other earns 6%. If she earned $1600 last year, how much did she invest in each fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #90086 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=90086\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Char inherited $30,000 from her great uncle. She invested it in 2 different funds. One earns 5% adn the other earns 6%. If she earned $1600 last year, how much did she invest in each fund?<BR>\n" );
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document.write( "Let amt. invested at 5% by \"x\"; interest on this is 0.05x dollars<BR>\n" );
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document.write( "Amt. invested at 6% is \"30,000-x\" ; int is 0.06(30000-x)=1800-0.06x dollars<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "interest + interest = 1600 dollars<BR>\n" );
document.write( "0.05x + 1800-0.06x = 1600<BR>\n" );
document.write( "-0.01x = -200<BR>\n" );
document.write( "x = $20,000 (amt. invested at 5%)<BR>\n" );
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document.write( "30,000-x = $10,000 (amt. invested at 6%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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