Asked by James

On two investments totaling $12500 Lydia lost 7% on one and earned 8% on the other. If her net annual receipts were $115 how much was each investment

4 years ago

Answered by oobleck

.08x - .07(12500) = 115

4 years ago

Answered by oobleck

oops. make that
.08x - .07(12500-x) = 115

4 years ago

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