document.write( "Question 160094This question is from textbook College Algebra
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document.write( ": Please Help! Norma invested the start-up capital for her Internet business in two hedge funds. After one year one of the funds returned 5% and the other returned 6%, for a total reurn of $5880. If the amount on which she made 6% was $10,000 larger than the amount on which she made 5%, then what was the original amout of her start-up capital? \n" );
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Algebra.Com's Answer #118079 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .06(10000+x)+.05x=5880 \n" ); document.write( "600+.06x+.05x=5880 \n" ); document.write( ".11x=5880-600 \n" ); document.write( ".11x=5280 \n" ); document.write( "x=5280/.11 \n" ); document.write( "x=$48,000 was invested @5% \n" ); document.write( "48000+10000=$58,000 was invested @ 6% \n" ); document.write( "Proof: \n" ); document.write( ".06*58000+.05*48000=5880 \n" ); document.write( "3480+2400=5880 \n" ); document.write( "5880=5880 \n" ); document.write( " |