Question 350069
.18X+.08(250,000-X)=23,000
.18X+20,000-,08X=23,000
.10X=23,000-20,000
.10X=3,000
X=3,000/.10
X=$30,000 AMOUNT INVESTED @ 18%.
250,000-30,000=$220,000 AMOUNT INVESTED @ 8%.
PROOF:
.18*30,000+.08*220,000=23,000
5,400+17,600=23,000
23,000=23,000