Raymond B. answered 08/23/23
Math, microeconomics or criminal justice
.07x + .05(10000-x) = 680
x = amount invested at 7%
10000-x = amount invested at 5%
.07x -.05x =680-.05(10000)
.02x= 680- 500
,02x = 180
x = $9000
10000-9000= $1000
680/10000 = 68/1000 = .068 = 6.8%
7-6.8 = .2
6.8-5 =1.8
1.8/.2 = 9
there should be 9 times as much invested at 7 as at 5 percent
x/(10000-x) = 9
90000-9x = x
10x = 90000
x = 9000
100000-9000= 1000