document.write( "Question 1197623: Brian has half of his investments in stock paying a 7% dividend and the other half in a stock paying 13% interest. If his total annual interest is $730, how much does he have invested?\r
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Algebra.Com's Answer #830987 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "If the amounts invested at 7% and 13% are equal, then the average rate of return is 10%. So \n" ); document.write( "730 = 0.10(x) \n" ); document.write( "x=7300 \n" ); document.write( "ANSWER: $7300 \n" ); document.write( "CHECK: .07(3650)+.13(3650)=.20(3650)=730 \n" ); document.write( " \n" ); document.write( " |