document.write( "Question 486089: Please help me solve this problem, step by step:
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document.write( " \"A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in bonds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investments?\" \n" );
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Algebra.Com's Answer #332341 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! .15(n)+.06(8000-n)=930 \n" ); document.write( "15n+6(8000-n)=93000 \n" ); document.write( "15n+48000-6n=93000 \n" ); document.write( "9n=45000 \n" ); document.write( "n=5000 \n" ); document.write( "The planner would have to invest $5000 at 15% and $3000 at 6% to make his money.. \n" ); document.write( " |