A man has invested part of 25000 at 11% and the remainder at 6% His income in one year from these investments was the same as if he had invested the whole sum at 9% How much did he invest at each rate
x = part at 11%
25000-x = part at 6%
.11(x) + .06(25000-x) = .09(25000)
.11x + 1500 - .06x = 2250
.05x = 750
x = 15,000
so, $15000 at 11% and $10000 at 6%