SOLUTION: Here's my question:
Anne-Sophie invested some of her $20,000 in bonds that made an 8% profit and the rest in bonds that made a 7% profit. If the profit on the 8% bonds was $700 m
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Anne-Sophie invested some of her $20,000 in bonds that made an 8% profit and the rest in bonds that made a 7% profit. If the profit on the 8% bonds was $700 m
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Question 1040328: Here's my question:
Anne-Sophie invested some of her $20,000 in bonds that made an 8% profit and the rest in bonds that made a 7% profit. If the profit on the 8% bonds was $700 more than the profit on the 7% bonds, how much did Anne-Sophie invest in the 7% bonds? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = amount invested in 7% bonds = amount invested in 8% bonds
--------------------------------------- = profit from 7% bonds = profit from 8% bonds
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given:
She invested $6,000 in 7% bonds
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check:
OK
