document.write( "Question 260867: A man has 2/3 of his portfolio invested at 12%, 1/4 at 15% and the remainder at 6%. How much is his portfolio valued if his annual income is $3,675? \n" ); document.write( "
Algebra.Com's Answer #192163 by drk(1908)\"\" \"About 
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2/3 of his portfolio invested at 12%,
\n" ); document.write( "1/4 at 15%,
\n" ); document.write( "remainder at 6%
\n" ); document.write( "annual income = $3,675.
\n" ); document.write( "---
\n" ); document.write( "step 1 - solve for the remainder by first adding fractions as
\n" ); document.write( "\"2%2F3+%2B+1%2F4+%2B+x+=+1\"
\n" ); document.write( "\"11%2F12+%2B+x+=+1\"
\n" ); document.write( "step 2 - subtracting 11/12, we get
\n" ); document.write( "\"x+=+1%2F12\"
\n" ); document.write( "--
\n" ); document.write( "we have a variation of I = PRT.
\n" ); document.write( "\"3675+=+%282%2F3%29p%2A.12+%2B+%281%2F4%29p%2A.15+%2B+%281%2F12%29p%2A.06\"
\n" ); document.write( "step 3 - combine like terms on the right to get
\n" ); document.write( "\"3675+=+.1225p\"
\n" ); document.write( "step 4 - divide by .1225 to get
\n" ); document.write( "\"p+=+30000\"
\n" ); document.write( "HIs portfolio was valued at $30,000
\n" ); document.write( "
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