A person invested 56900 for 1 year, part at 5%, part at 11%, and the remainder at 13%. The total annual income from these investments was $749. The amount of money invested at 13% was $500 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $( ) at 5%, $ ( ) at 11% and $ ( ) at 13%
A person invested 56900 for 1 year, part at 5%, part at 11%, and the remainder at 13%. The total annual income from these investments was $749. The amount of money invested at 13% was $500 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $( ) at 5%, $ ( ) at 11% and $ ( ) at 13%
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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A person invested 56900 for 1 year, part at 5%, part at 11%, and the remainder at 13%. The total annual income from these investments was $749. The amount of money invested at 13% was $500 more than the amounts invested at 5% and 11% combined.
Find the amount invested at each rate
The person invested $( ) at 5%, $ ( ) at 11%
and $ ( ) at 13%
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