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Mathematics, 25.05.2020 01:57 buky0910p6db44
Connor has $100,000 and wants to get an 8% return total at the end of the year. He can invest in two different stocks. One of the stocks will yield a 6% return per year and the second will yield a 8.5% return per year.
Which of the following system of equations correctly describes this situation if x represents the amount invested in the 6% stock, and y represents the amount invested in the 8.5% stock?
a) 0.6x+0.085y=0.08(100000)
x+y=100000
b) 0.085x+0.06y=100000
x+y=0.08(100000)
c) 0.06x+0.085y=100000
x+y=0.08(100000)
d)0.085x+0.06y=0.08(100000)
x+y=100000
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