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Economics Finance Mathematics

Anonymous P.

asked • 02/23/20

Need help solving "Xa9.6%+(1-Xa)7.8%=8.88%"

"Xa*9.6%+(1-Xa)*7.8%=8.88%"

i need the answer for finance, i'm having trouble get the answer

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1 Expert Answer

By:

Lenny D. answered • 02/23/20

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Xa*9.6 +(1-Xa(7.8)=8.88 =(xa(9.6-7.8) + 7.8 ad 7.8 to both sides

get 1.02= Xa(9.6-7.8) or Xa = 1.02/(9.6-7.8)

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