document.write( "Question 156778This question is from textbook
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document.write( ": 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 $650.00.\r
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document.write( "I have the answer in the back of the book, I just need help setting up the formula. \r
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document.write( "Thank you. \n" );
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Algebra.Com's Answer #115613 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Here is the equation: \n" ); document.write( ": \n" ); document.write( "Let x = amt invested at 11% \n" ); document.write( "then \n" ); document.write( "(10000-x) = amt that lost 4% \n" ); document.write( ": \n" ); document.write( ".11x - .04(10000-x) = 650; remember to change the sign inside the brackets \n" ); document.write( " |