Question 709438
.08X+.06(5,500-X)=384
.08X+330-.06X=384
.02X=384-330
.02X=54
X=54/.02
X=2,700 AMOUNT INVESTED @ 8%.
PROOF:
.08*2,700+.06(5,500-2,700)=384
216+.06*2,800=384
216+168=384
384=384