document.write( "Question 51845: An investor plans to invest part of 5,000$ in a stock that pays 8% interest annually. The rest will be invested in a savings account that pays 6% interest annually The investor wants to make at least 350$ on the investment for the first year. What is the least amount that should be invested in the stock. \n" ); document.write( "
Algebra.Com's Answer #34575 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! 350=.08X+.06(5000-X) OR 350=.08X+300-.06X OR 350=.02X+300 OR .02X=350-300 OR\r \n" ); document.write( "\n" ); document.write( ".02X=50 OR X=50/.02 OR X=2500 INVESTED @ 8% & 5000-2500=2500 INVESTED @ 6%. \n" ); document.write( " |