Scott N.

asked • 12/09/18

A kayak can travel 30 miles downstream in 2 ​hours, while it would take 10 hours to make the same trip upstream. Find the speed of the kayak in still​ water, as well as the speed of the current

Things did not go quite as planned. You invested

​$18,640​,

part of it in a stock that paid​ 12% annual interest.​ However, the rest of the money suffered a​ 5% loss. If the total annual income from both investments was

​$1992​,

how much was invested at each​ rate?

1 Expert Answer

By:

Patrick B. answered • 12/10/18

Tutor
4.7 (31)

Math and computer tutor/teacher

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