SOLUTION: Lucy has some money invested at 18% annual interest and three times as much invested at 12%. Her total annual income from the two investments is 2200pesos. How much was invested at
Algebra ->
Algebra
-> Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Lucy has some money invested at 18% annual interest and three times as much invested at 12%. Her total annual income from the two investments is 2200pesos. How much was invested at
Log On
Question 150607This question is from textbook
: Lucy has some money invested at 18% annual interest and three times as much invested at 12%. Her total annual income from the two investments is 2200pesos. How much was invested at each rate?This question is from textbook
You can put this solution on YOUR website! Let the amount invested at 18% =
Then the amount invested at 12% =
4074 pesos were invested @ 18% and 12,222 pesos were
invested @ 12%
