SOLUTION: You invested $12,000, part of it in a stock that paid 14% annual interest. However, the rest of the money suffered a 6% loss. Express the total annual income from both investments

SOLUTION: You invested $12,000, part of it in a stock that paid 14% annual interest. However, the rest of the money suffered a 6% loss. Express the total annual income from both investments

Algebra.Com

Question 364124: You invested $12,000, part of it in a stock that paid 14% annual interest. However, the rest of the money suffered a 6% loss. Express the total annual income from both investments, I, as a function of the amount invested in the 14% stock, x.
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
I = .14x - [(.06)(12000 - x)]
RELATED QUESTIONS
You invested $12,000, part of it in stock that paid 12% annual interest. However, the... (answered by Mathtut)

Things did not quite go as planned. You invested $20,000, part of it in a stock that paid (answered by Theo)

Things did not go quite as planned. You invested $21, 360, part of it in a... (answered by ikleyn)

Things did not go quite as planned. You invested $20,000, part of it in a stock that paid (answered by Theo,solver91311)

Things did not go quite as planned. You invested $8000, part of it in stock that paid 12% (answered by ewatrrr)

You invest $14000, part of it in stock that paid 15% annual interest. However, the rest... (answered by macston)

Things did not go quite as planned. You invested part of $8000 in a stock that paid 12%... (answered by stanbon)

Things did not go quite as planned. You invested $10,250.00, part of it in stock that... (answered by stanbon)

you invested $21 020 part of it in a stock that paid 12% annual interest. The rest of the (answered by richwmiller)