Question 155555
.15x+.07(50,000-x)=6,000
.15x+3,500-.07x=6,000
.08x=6,000-3,500
.08x=2,500
x=2,500/.08
x=$31,250 Should be invested @ 15%
50,000-31,250=$18,750 Should be invested @ 7%.
Proof:
.15*31,250+.07*18,750=6,000
4.687.50+1,312.50=6,000
6,000=6,000