Please show full working due in 2 hrs need help !!
Two investments are made totaling $50,000. In 1 year, the first investment
yields a profit of 10%, whereas the second investment yields a profit of 12%.
Total profit for this year is $5250. Calculate the amount initially put into each
investment
Please need help asap
Answers
Answered by
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x+ y = 50000
.15x + .07y = 6000
now just solve both the equation you will get your answer mark ke up if my answer is correct
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