Raymond B. answered 05/04/21
Math, microeconomics or criminal justice
.02(6-x)+.04(x) = .17, x measured in units of $1 million (.17 = $170,00, 6 =$6 million)
.04x-.02x = .17-.02(6)
.02x =.17-.12 = .05
x = 5/2 = 2.5 million dollars invested at 4%
6-x =6-2.5 = 3.5 million dollars invested at 2%
.02(3.5) + .04(2.5) = .07 + .10 = .17