SOLUTION: You have 50000 to invest. Some of your money will be put in a 5% per annual your ranted investment a rikkiey investment a 10% per annual.if you hope to earn $4000 in investment at

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have 50000 to invest. Some of your money will be put in a 5% per annual your ranted investment a rikkiey investment a 10% per annual.if you hope to earn $4000 in investment at      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1196840: You have 50000 to invest. Some of your money will be put in a 5% per annual your ranted investment a
rikkiey investment a 10% per annual.if you hope to earn $4000 in investment at the end of one year how
much money should he invest in each investment?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi  

Following Set up may work for You:  x the amount invested at 10%
 .10x + .05($50000 -x) = $4000
  x =+%284000+-.05%2A50000%29%2F.05 = 30,000 at 10%  and 20,000 at 5%