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 #192167 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .12*2x/3+.15*x/4+.73*x*.06=3,675 \n" ); document.write( ".24x/3+.15x/4+.0438x=3,675 \n" ); document.write( "(.24x*4+.15x*3+.0438x*12)/12=3,675 \n" ); document.write( "(.96x+.45x+.5256x)/12=3,675 \n" ); document.write( "1.9356x/12=3,675 \n" ); document.write( ".1613x=3,675 \n" ); document.write( "x=3,675/.1613 \n" ); document.write( "x=$22,783.63 ans. for the portfolio amount. \n" ); document.write( " \n" ); document.write( " |