Question 314627
.08X+.06(7,000-X)=500
.08X+420-.06X=500
.02X=500-420
.02X=80
X=80/.02
X=4,000 AMOUNT INVESTED @ 8%.
7,000-4,000=3,000 AMOUNT INVESTED @ 6%.
PROOF:
.08*4,000+.06*3,000=500
320+180=500
500=500