A person invested $69006900 for 1 year, part at 88%, part at 99%, and the remainder at 1515%. The total annual income from these investments was $818818. The amount of money invested at 1515% was $100100 more than the amounts invested at 88% and 99% combined. Find the amount invested at each rate. The person invested $____ at 88%, $______ at 99%, and $____ at 1515%.
A person invested $69006900 for 1 year, part at 88%, part at 99%, and the remainder at 1515%. The total annual income from these investments was $818818. The amount of money invested at 1515% was $100100 more than the amounts invested at 88% and 99% combined. Find the amount invested at each rate. The person invested $____ at 88%, $______ at 99%, and $____ at 1515%.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 26E
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Question
A person invested
$69006900
for 1 year, part at
88%,
part at
99%,
and the remainder at
1515%.
The total annual income from these investments was
$818818.
The amount of money invested at
1515%
was
$100100
more than the amounts invested at
88%
and
99%
combined. Find the amount invested at each rate.The person invested
$____ at 88%, $______ at 99%, and $____ at 1515%.
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