Hampton Brewer
03/21/2024 · Elementary School

A broker invested \( \$ 5900 \) in two different stocks. Once earned dividends at \( 11 \% \) and the other at \( 8 \% \). If a \( \$ 565.00 \) dividend was earned on both stocks together, how much was invested in each? (Reminder: change \( 11 \% \) and \( 8 \% \) to decimals.)

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The broker invested \( \$3100 \) in the 11% stock and \( \$2800 \) in the 8% stock.

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