document.write( "Question 103069: Jared invests part of his $10,000 inherritance at 7% and the rest at 9%. If the total return on his investment is $840 how much did he invest at each rate? Did I set up the problem correctly? I know it's P*R*T=I, so would it be .07x+.09(10,000-x)=840? \n" ); document.write( "
Algebra.Com's Answer #74929 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Yes, that is correct. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |