Friday

November 21, 2014

November 21, 2014

Posted by **JOE** on Monday, June 20, 2011 at 10:07am.

- COLLEGE ALEGBRA -
**drwls**, Monday, June 20, 2011 at 11:03amNever mind the algebra. Where can I get that 7% CD?

Seriously, solve this equation:

0.15x + 0.07(50,000-x) = 6000

x is the amount invested in 15% bonds.

50,000 -x is invested in the CD.

The equation can easily be solved in two steps.

**Answer this Question**

**Related Questions**

Math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...

math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...

Math - Betsy, a recent retiree, requires $6000 per year in extra income. She has...

Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...

Math Word Problem - 2) After 2 years, Betsy finds she now will require $7,000 ...

intermediate math - maria has recently retired and requires an extra $7200 per ...

Math - A retired couple needs $12,000 per year in income to supplement their ...

pre calc - Carson wants to invest $100,000 in two ways. He wants to purchase a ...

math - linear programming - A woman wishes to invest $12,000 in three of bonds: ...

math - A prfessor wants to supplement her pension with investment interst. If ...