question!!!!
:(

You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and 11% annual interest, respectively. how much should be invested at each rate if the total interest earned for the year is to be $700? ^_^ :(

Question

question!!!!
:(


You inherit $10,000  with the stipulation that for the first year the money must be invested in two stocks paying 6% and 11% annual interest, respectively. how much should be invested at each rate if the total interest earned for the year is to be $700? ^_^  :(

misty1212 · Answer

HI!!

nnesha · Answer

hai ^_~

nnesha · Answer

i have answer method everything 
i need short and easy way to do this :(

misty1212 · Answer

is this a check to see if we can do it?  why not solve 
$$.11x+.06(10,000-x)=700$$

anonymous · Answer

$$\frac{ x*1*6 }{ 100 }+\frac{ \left( 10000-x \right) *1*11}{ 100 }=700$$
find x

misty1212 · Answer

or better yet 
$$11x+6(10,000-x)=70000$$

nnesha · Answer

|dw:1421985309246:dw|
that;s how my tec did 
but i have no idea how he got that equation