document.write( "Question 128549: A man has $20,000 invested at 7% and %50,000 invested at 4% simple interest. What additional sum must he invest at 6% to give him an overall return of 5%? \n" ); document.write( "
Algebra.Com's Answer #94067 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! overall percent gain = (sum of separate gains) / (total amount invested) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "multiply both sides by \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "He must invest $10,000 at 6% to have an overall return of 5% \n" ); document.write( " \n" ); document.write( " |