document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=129248>Question 129248</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Buddy inherited $12,000.00. He invested part of the money at 4% and the rest at 5 1/2%. If his annual income from these investments is $532.50, how much did he invest at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #94460 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley71><B>checkley71(8403)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley71><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=94460\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .055X+.04(12000-X)=532.5<BR>\n" );
document.write( ".055X+480-.04X=532.5<BR>\n" );
document.write( ".015X=532.5-480<BR>\n" );
document.write( ".015X=52.5<BR>\n" );
document.write( "X=52.5/.015<BR>\n" );
document.write( "X=$3,500 AMOUNT INVESTED @ 5.5%<BR>\n" );
document.write( "12,000-3,500=$8,500  INVESTED @ 4%<BR>\n" );
document.write( "PROOF:<BR>\n" );
document.write( ".055*3,500+.04*8,500=532.5<BR>\n" );
document.write( "192.5+340=532.5<BR>\n" );
document.write( "532.5=532.5 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );