Question 268458
.07X+.11*4X=7,650
.07X+.44X=7,680
.51X=7,650
X=7,650/.51
X=15,000 AMOUNT INVESTED @ 7%.
4815,000=60,000 AMOUNT INVESTED @ 11%.
PROOF:
.07*15,000+.11*60,000=7,650
1,050+6,600=7,650
7,650=7,650