SOLUTION: You have $10,000 to invest. Some was invested at 6% and the other at 11% for one year. If you made $800, how much was invested at each percentage?
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-> SOLUTION: You have $10,000 to invest. Some was invested at 6% and the other at 11% for one year. If you made $800, how much was invested at each percentage?
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Question 346112: You have $10,000 to invest. Some was invested at 6% and the other at 11% for one year. If you made $800, how much was invested at each percentage? Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! Let be the amount at 6%, the amount at 11%.
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1.
2.
Multiply eq. 1 by (-6) and add to eq. 2,
Then from eq. 1,
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$6000 at 6% and $4000 at 11%.
