Question 727081
.08X+.05(10,000-X)=770
.08X+500-.05X=770
.03X=770-500
.03X=270
X=270/.03
X=9,000 AMOUNT INVESTED @ 8%.
10,000-9,000=1,000 AMOUNT INVESTED @ 5%.
PROOF:
.08*9,000+.05*10,000=770
720+50=770
770=770