Question 818374
(0.12)b + (0.16)e = 38600
b + e = 300000
b = 300000 - e
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(0.12)b + (0.16)e = 38600
(0.12)(300000 - e) + (0.16)e = 38600
(0.12)300000 - (0.12)e + (0.16)e = 38600
(0.04)e = 2600
e = 2600/(0.04)
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e = $65000
b = $235000
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