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August 1, 2014

August 1, 2014

Posted by **Molly** on Friday, July 29, 2011 at 9:58pm.

I am not sure what equation needs to be used for this

- MAth -
**Henry**, Saturday, July 30, 2011 at 7:28pmInvested $X in SBA.

Invested $Y in CBP.

X + y = $155,000,

Y = 155000 - x.

0.11x + 0.065(155000-x) = 12,325,

0.11x + 10075 - 0.065x = 12,325,

0.045x = 12,325 - 10075 = 2250,

X = $50,000 Invested in SBA.

Y = 155000 - 50000 = $105,000 Invested in CBP.

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