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1 vote
Lisa invests $4,000 in two types of bonds, bond A and bond B. Bond A offers a 10% return, and bond B offers a 6% return. Lisa invests $x in bond A and $y in bond B. Her total return on the investment is $340.

The system of linear equations defining the situation is . The amount Lisa invested at the rate of 10% is , and the amount she invested at the rate of 6% is .

2 Answers

2 votes
x+y=4000....(1)
10x+6y=340*100⇒5x+3y=17000......(2)

(2)- 3*(1)⇒ 2x=5000⇒x=2500,y=4000-2500=1500
answered
User Sunny Parekh
by
7.5k points
6 votes

Answer: The amount invested at the rate of 10% is $2500 and that of 6% is $1500.

Step-by-step explanation: Given that Lisa invests $4,000 in two types of bonds, bond A and bond B. Bond A offers a 10% return, and bond B offers a 6% return.

Lisa invests $x in bond A and $y in bond B and her total return on the investment is $340.

According to the given information, the system of linear equations can be written as


x+y=4000~~~~~~~~~~~~~~(i)\\\\10\%* x+6\%* y=340\\\\\\\Rightarrow (10)/(100)x+(6)/(100)y=340\\\\\\\Rightarrow (x)/(10)+(3x)/(50)=340\\\\\\\Rightarrow (5x+3y)/(50)=340\\\\\Rightarrow 5x+3y=17000~~~~~~~~~~~~~~(ii)

Multiplying equation (i) by 5, we have


5x+5y=20000~~~~~~~~~~~~~~~~(iii)

Subtracting equation (ii) from equation (iii), we get


(5x+5y)-(5x+3y)=20000-17000\\\\\Rightarrow 2y=3000\\\\\Rightarrow y=1500,

and from equation (i), we get


x=4000-1500=2500.

Thus, the system of linear equations defining the situation is


x+y=4000\\\\5x+3y=17000,

and

the amount Lisa invested at the rate of 10% is $2500 and the amount she invested at the rate of 6% is $1500.

answered
User Amin Setayeshfar
by
7.6k points
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