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
: 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? Answer by josmiceli(1848) (Show Source):
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%
