document.write( "Question 206940: Mrs Jones invests $4000 at 10% annual return and $6000 at 12% annual return. How much should she invest at 15% return so that her total annual return is 13% of the total amount she has invested?
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Algebra.Com's Answer #156447 by stanbon(75887) ![]() You can put this solution on YOUR website! Mrs Jones invests $4000 at 10% annual return and $6000 at 12% annual return. How much should she invest at 15% return so that her total annual return is 13% of the total amount she has invested? \n" ); document.write( "--------------------- \n" ); document.write( "Interest Equation: 0.10(4000)+ 0.12(6000) + 0.15x = 0.13(10,000+x) \n" ); document.write( "Multiply thru by 100 to get: \n" ); document.write( "40000 + 72000 + 15x = 130000+ 13x \n" ); document.write( "2x = 18000 \n" ); document.write( "x = $9000 \n" ); document.write( "================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |