Bob invest at the beginning of the year X amount of dollars: one half his capital in the stock market, whch yielded a negative return of 5%, and the other half in inflation index bonds with a return of 6.5% at the years end. His total investment income was $900. What was his inital capital?
A 50k
B 60k
C 9k
D 120K
(Show the work please, i dont remember doing this stuff in HS lol)
2007-04-07
07:40:48
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2 answers
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asked by
Anonymous
in
Science & Mathematics
➔ Mathematics
I only had to take 4 classes in math. I wasn't and never was a math person. I only took up to algebra1. You're talking over 15 years ago too. Whatever you dont us, you forget! Btw, for being a jerk, and not showing the work, you wont get the 10 ;-)
2007-04-07
08:02:28 ·
update #1
oops, typo, use
2007-04-07
08:03:16 ·
update #2