A man has $420,000 invested in three rental properties. One property earns 7.5% per year on the investment, the second earns 7%, and the third earns 9%. The total annual earnings from the three properties is $33,900, and the amount invested at 9% equals the sum of the first two investments. Let x equal the investment at 7.5%, y equal the investment at 7%, and z represent the investment at 9%. Complete parts (a) through (d) below. a. Write an equation that represents the sum of the three investments. (Type an equation. Do not include the $ symbol in your answer.) b. Write an equation that states that the sum of the returns from all three investments is $33,900. (Type an equation. Do not include the $ symbol in your answer.) c. Write an equation that states that the amount invested at 9% equals the sum of the other two investments. (Type an equation. Do not include the $ symbol in your answer)

A man has $420,000 invested in three rental properties. One property earns 7.5% per year on the investment, the second earns 7%, and the third earns 9%. The total annual earnings from the three properties is $33,900, and the amount invested at 9% equals the sum of the first two investments. Let x equal the investment at 7.5%, y equal the investment at 7%, and z represent the investment at 9%. Complete parts (a) through (d) below. a. Write an equation that represents the sum of the three investments. (Type an equation. Do not include the $ symbol in your answer.) b. Write an equation that states that the sum of the returns from all three investments is $33,900. (Type an equation. Do not include the $ symbol in your answer.) c. Write an equation that states that the amount invested at 9% equals the sum of the other two investments. (Type an equation. Do not include the $ symbol in your answer)

Name: A man has $420,000 invested in three rental properties. One property
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: A man has $420,000 invested in three rental properties. One property earns 7.5% per year on the investment, the second earns 7%, and the third earns 9%. The totalannual earnings from the three properties is $33,900, and the amount invested at 9% equ