Asked by ivan

Michelle has half of her investments in stock paying a 6% dividend and the other half in a stock paying 10% interest. If her total annual interest is $680, how much does she have invested?
Answered by Reiny
let each of her halves be x
.06x + .10x = 680
.16x = 680
x = 4250

so she invested twice that or 8500
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