Raymond B. answered 02/12/23
Math, microeconomics or criminal justice
28x + 17(55-x) = 20(55)
28-17)x = 20(55)-17(55)
11x = 3(55)
x = 3(55)/11 = 3(5 = 15
15,000 invested at 28%
40,000 invested at 17%
to get 55,000 at an average return of 20%
28-20= 8
20-17= 3
8/3 = 40/15 times as much invested at 17 as at 28% because 17 is closer to 20 than 28 is
check the answers
.28(15000)+ .17(40000) = .2(55000)
42000 + 68000 = 11000
11000=11000