landonharris76
contestada

30 points!

Paul has
$20000
to invest. His intent is to earn
9%
interest on his investment. He can invest part of his money at
6%
and part at
10%
interest. How much does Paul need to invest in each option to make a total of 9%
return on his
$20000
?

6%: ?

10%: ?

Respuesta :

ferrybukantoro

Step-by-step explanation:

0,06x + 0,1(20000-x) = 0,09(20000)

0,06x + 2000 - 0,1x = 1800

-0,04x = -200

x = -200 /(-0,04)

x = 5000

therefore,

for 6% interest => total invest =$5000

for 10% interest => total invest = $15000

Screenshoting my answer because brainly somehow thinks there are bad words...

Ver imagen 123fortandbree

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