Things did not go quite as planned. You invested $12,000, part of it in stock that paid

Question:

Things did not go quite as planned. You invested $12,000, part of it in stock that paid 14% annual interest. However, the rest of the money suffered a 6% loss. If the total annual income from both investments was $680, how much was invested at each rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

Question Posted: