document.write( "Question 1131502: Jessica has half of her investments in stock paying a 5% dividend and the other half in stock paying 11%interest. If her total annual interest is $540 how much does she have invested in each and total \n" ); document.write( "
Algebra.Com's Answer #748172 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "If her investments are split half and half, then the average interest percentage is the average of the two percentages, which is 8%. Then her total investment is the amount of interest divided by that percentage: \n" ); document.write( " \n" ); document.write( "Her total investment is $6750. Again since her investments are split half and half, she invested $3375 in each stock. \n" ); document.write( " |