Question 223627
.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 invested @ 15 %.
50,000-31,250=18,750 amount invested @ 7%.
Proof:
.15*31,250+.07*18,750=6,000
4,687.50+1,312.50=6,000
6,000=6,000