Question 180101This question is from textbook Algebra 1 Teaching Textbook
: Harold invested $30,000 in various stocks and bonds. He earned 6% on his bonds and 12% on his stocks. If Harold's total profit on both types of investments was $2,460, how much of the $30,000 did he invest in bonds?This question is from textbook Algebra 1 Teaching Textbook
You can put this solution on YOUR website! .06b+.12(30,000-b)=2,460
b=19,000 is the amount invested @ 06% in bonds.