SOLUTION: Sam invested part of his 10,000 bonus in a fund that paid an 11% profit and invested the rest in stock that suffered a 4% loss. Find the amount of each investment if his overall ne
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-> SOLUTION: Sam invested part of his 10,000 bonus in a fund that paid an 11% profit and invested the rest in stock that suffered a 4% loss. Find the amount of each investment if his overall ne
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Question 236094: Sam invested part of his 10,000 bonus in a fund that paid an 11% profit and invested the rest in stock that suffered a 4% loss. Find the amount of each investment if his overall net profit was 650?
Please Help Answer by rfer(2688) (Show Source):
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