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Question

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Connor has $$100,000$ and wants to get an $8\%$ return total at the end of the year. He can invest in two different stocks. One of the stocks will yield a $6\%$ return per year and the second will yield a $8\mathrm{.}5\%$ return per year.

Which of the following system of equations correctly describes this situation if $x$ represents the amount invested in the $6\%$ stock, and $y$ represents the amount invested in the $8\mathrm{.}5\%$ stock?

a$.)$

$0\mathrm{.}085x+0\mathrm{.}06y=100000$

$x+y=0\mathrm{.}08(100000)$

b$.)$

$0\mathrm{.}085x+0\mathrm{.}06y=0\mathrm{.}08(100000)$

$x+y=100000$

c$.)$

$0\mathrm{.}06x+0\mathrm{.}085y=0\mathrm{.}08(100000)$

$x+y=100000$

d$.)0\mathrm{.}06x+0\mathrm{.}085y=100000$

$AA$

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