amount invested at 10% --> x
amount invested at 15% --> 12000 - x
solve
.1x + .15(12000-x) = .12(12000)
I suggest multiplying by 100 to get rid of decimals, but not necessary
suppose you have $12000 to invest. if part is invested 10% and the rest at 15%, how much should be invested at each rate to yield 12% on the total investment?
3 answers
the above answer is right
7,200 at 10% and 4,800 at 15%.