# SOLUTION: Bruce invested in stock paying 10.5% dividend. Maya invested $4000 more than Bruce in tax-free bonds payin 7.5% annual simple interest. If Maya's income from investment is$75 more

Algebra ->  Algebra  -> Customizable Word Problem Solvers  -> Finance -> SOLUTION: Bruce invested in stock paying 10.5% dividend. Maya invested $4000 more than Bruce in tax-free bonds payin 7.5% annual simple interest. If Maya's income from investment is$75 more      Log On

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 Click here to see ALL problems on Money Word Problems Question 517192: Bruce invested in stock paying 10.5% dividend. Maya invested $4000 more than Bruce in tax-free bonds payin 7.5% annual simple interest. If Maya's income from investment is$75 more than Bruce's, find how much money each investedAnswer by solver91311(16877)   (Show Source): You can put this solution on YOUR website! Let represent the amount invested at 10.5% and then is them amount invested at 7.5%. The amount of return on the 10.5% investment is then and the return on the 7.5% investment is Then the 10.5% investment earnings plus \$75 is the same as the 7.5% investment. Solve for , then calculate John My calculator said it, I believe it, that settles it