Question 286420
.105X+.08(4400-X)=4400*.09
.105X+352-.08X=396
.025X=396-352
.025X=44
X=44/.025
X=1,760 AMOUNT INVESTED @ 10.5%
4,400-1,760=2,640 AMOUNT INVESTED @ 8%.
PROOF:
.105*1,760+.08*2,640=4,400*.09
184.8+211.2=396
396=396