Lydia has half of her investments in stock paying an 11%11% dividend and the other half in a stock paying 14%14% interest. If her total annual interest is $420$⁢420, how much does she have invested

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.65TI: Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other...
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Lydia has half of her investments in stock paying an 11%11% dividend and the other half in a stock paying 14%14% interest. If her total annual interest is $420$⁢420, how much does she have invested?

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