document.write( "Question 265796: Lynn wishes to realize a return of 11% on her investments. If she has $10,000 invested at 9%, how much additional money should she invest at 15%? Show work. \n" ); document.write( "
Algebra.Com's Answer #195584 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Lynn wishes to realize a return of 11% on her investments. \n" ); document.write( " If she has $10,000 invested at 9%, how much additional money should she invest at 15%? \n" ); document.write( ": \n" ); document.write( "Let x = amt invested at 15% \n" ); document.write( ": \n" ); document.write( ".09(10000) + .15x = .11(x + 10000) \n" ); document.write( "900 + .15x = .11x + 1100 \n" ); document.write( ".15x - .11x = 1100 - 900 \n" ); document.write( ".04x = 200 \n" ); document.write( "x = \n" ); document.write( "x = $5000 needs to be added at 15% \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "Check solution \n" ); document.write( "900 + .15(5000) = .11(5000+ 10000) \n" ); document.write( "900 + 750 = .11(15000) \n" ); document.write( "1650 = 1650 \n" ); document.write( " |