SOLUTION: a man invest $20,000.00 at an annual intrest rate of 7% and $ 12,000.00 at an annual intrest rate of 7.5% what was his annual income on the two investments ?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: a man invest $20,000.00 at an annual intrest rate of 7% and $ 12,000.00 at an annual intrest rate of 7.5% what was his annual income on the two investments ?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 365017: a man invest $20,000.00 at an annual intrest rate of 7% and $ 12,000.00 at an annual intrest rate of 7.5% what was his annual income on the two investments ?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
(20000*0.07)+(12000*0.075)=