Mr. Unger told his eldest son to invest $100,000 in stocks and bonds a year later the son had earned 4% interest in bonds and a 9% divided on his stocks for a total profit of $5,000 how much did he invest in bonds

Respuesta :

Answer:

$11,111.11

Step-by-step explanation:

$5,000=100,000(.04) + x(.09)

5000=4000 + .09x

1000=.09x

1000/.09=x

x=11,111.11