document.write( "Question 330537: An investor has 300,000 to invest. If part is invested at 5% and the rest at 9% how much should be invested at 5% to yield 8% on the total amount? \n" ); document.write( "
Algebra.Com's Answer #237045 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .09X+.05(300,000-X)=.08*300,000 \n" ); document.write( ".09X+15,000,000-.05X=24,000 \n" ); document.write( ".04X=24,000-15,000 \n" ); document.write( ".04X=9,000 \n" ); document.write( "X=9,000/.04 \n" ); document.write( "X=$225,000 AMOUNT INVESTED @ 9%. \n" ); document.write( "300,000-225,000=$75,000 AMOUNT INVESTED @ 5%. \n" ); document.write( " |