Asked by shirley

a guy gets a $10,000 bonus he puts some into a cd which pays 6% he puts the rest in a fund that pays 11% he got $900 in interest how much did he put in the fund?

Answers

Answered by shirley
i am stumped! i just draw a blank! can you help!!!!!!!11
Answered by Anonymous
>.< I'll give you a hint.

Let x = the amount he put into a CD(not to be confused with the circular thingy ;/).
Let 10000-x = the amount he put into the fund.

When you understand this, the rest should come to you.
Answered by shirley
i'm new at this i get 4000 and 6000 but i don't know the formula
Answered by Anonymous
Yes, 4000 and 6000 is correct. What formula?
Answered by shirley
thanks for your help.
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