Question 474027
CD	8.00%		per annum						
MF	9.00%		per annum						
									
x+y	1200	------------------------1				
8.00%x+	9.00%	y	=	$101.00			
Multiply by 		100							
8x+9y=	$10,100.00		--------2	
									
Multiply (1) by	-8						
we get									
									
-8x-8y=	-9600.00			
									
Add this to (2)									
									
0x	+1y	=		$500.00			
									
divide by		1							
									
y=$500.00		investment at 	9.00%
Balance	$700.00		investment at 	8.00%


CHECK									
$500.00	-------		$45.00						
$700.00	------		$56.00						
			$101.00