an investment of $8500 earned a net income of $515 in one year. part of the investment was in bonds and earned? and Save Darfur protest at Franklin Templeton Investments

an investment of 00 earned a net income of 5 in one year. part of the investment was in bonds and earned?

an investment of $ 8500 earned a net income of $ 515 in one year. part of the investment was in bonds and earned income at a rate of 8%. the rest of the investment was in stocks and lost money at the rate of 3%. How much was invested in bonds and how much was invested in stocks?


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Answer by EASY TO UNDERSTAND
an investment of $ 8500 earned a net income of $ 515 in one year. part of the investment was in bonds and earned income at a rate of 8%. the rest of the investment was in stocks and lost money at the rate of 3%. How much was invested in bonds and how much was invested in stocks?
8N + 3(8500 -- N) = 51500
Giving N = (51500 -- 3*8500) / (8 -- 3) = 5200
5200 in Bonds at 8% and 3300 in Stocks at 3% will give 515. ANSWER

Investment

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