SOLUTION: One person invests $10,000, one part at 4% and another part at 6%. If your annual income is $520, how much do you invest in each part?
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Question 1161942: One person invests $10,000, one part at 4% and another part at 6%. If your annual income is $520, how much do you invest in each part?
Answer by josgarithmetic(39621) (Show Source): You can put this solution on YOUR website!
"One person invests,..."; "If your annual income is, ...";
Who is who?
If same person, then this works like a two-part mixture.
--
Forget about "One person" and "your". They are the same person (assumed), someone.
Someone invests $10000; part at 4% and the rest at 6% annual rate. He earns $520 in one year of time.
x at 6% and 10000-x at 4%. The income or interest from these investments was $520.
--------solve this.
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