SOLUTION: Hello, word problem get me everytime. I never know how to set them up.
Ash has $120,000 to invest and puts some in a CD at 4% annual interest. He puts the rest in a stock that
Algebra ->
Finance
-> SOLUTION: Hello, word problem get me everytime. I never know how to set them up.
Ash has $120,000 to invest and puts some in a CD at 4% annual interest. He puts the rest in a stock that
Log On
Question 223456: Hello, word problem get me everytime. I never know how to set them up.
Ash has $120,000 to invest and puts some in a CD at 4% annual interest. He puts the rest in a stock that earns 7%. How much did he invest in each to earn $7800 interest that year?
Thank you in advance Answer by rfer(16322) (Show Source):