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OpenStudy (anonymous):
Shelby inherited $1,000,000. He invested part of the money in a thoroughbred horse-breeding farm and the rest in a Southern plantation. If Shelby earns 12% on the farm and 2% on the plantation, for a combined profit of $50,000, how much did he invest in the farm?
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OpenStudy (anonymous):
6000
OpenStudy (anonymous):
How do I do the problem?
OpenStudy (anonymous):
You take the profit: $50,000 times the 12% he earns on the farm.
OpenStudy (anonymous):
That's all?
OpenStudy (anonymous):
Yeah. It asks for how much he invested in the farm
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