Thread: Stocks & Bonds.

A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in bonds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investments?


I don't have any clue on how to do this. D: I remember vaguely, but not enough to do the problem.

Originally Posted by Melodare

A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in bonds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investments?


I don't have any clue on how to do this. D: I remember vaguely, but not enough to do the problem.

Let x = amount to be invested at 15%

Let 8000 - x = amount to be invested at 6%

.15x + .06(8000 - x) = 930

Solve for x.