Question 832171
Paula must have some wonderful information if she is getting an 11% return!
.
(x * 0.11) + [(x+4000)* .06] = 665
Distribute
0.11x + .06x + 240 = 665
Add
0.17x + 240 = 665
Subtract
0.17x = 425
Divide
x = 2500
.
Let's see if that's right.
2500 * .11 = 275
6500 * .06 = 390
Add them together to get $665
Success!