College algebra

Things did not go quite as planned. you invested $8,000, part of it in a stock that payed 12% annual interest. However the rest of the money suffered a 5% loss. If the total annual income for both investments was $620.

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asked by Kat
  1. If $x is invested at 12%, then

    .12x - .05(18000-x) = 620

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    posted by Steve

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