Question 261662
.11X+.05(20,000-X)=1,300
.11X+1,000-.05X=1,300
.06X=1,300-1,000
.06X=300
X=300/.06
X=5,000 INVESTED @ 11%
20,000-5,000=15,000 INVESTED @ 6%
PROOF:
.11*5,000+.05*15,000=1,300
550+750=1,300
1,300=1,300