SOLUTION: A man invested one fifth of his money at 4%, half of his money at 5%, and the rest of his money at 3.5%. If his total annual investment income was $870, how much had he invested?

SOLUTION: A man invested one fifth of his money at 4%, half of his money at 5%, and the rest of his money at 3.5%. If his total annual investment income was $870, how much had he invested?

Algebra.Com

Question 909867: A man invested one fifth of his money at 4%, half of his money at 5%, and the rest of his money at 3.5%. If his total annual investment income was $870, how much had he invested?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
x amount invested
Set Up...
|Multiplying thru by 10 so as all denominators = 1
.08x + .25x + .035(18)x = 8700, Solve for x
x = 8700/.99, amount invested
RELATED QUESTIONS
A man invested half his money at 5%, 1/3 of his money at 4% and the rest at 3.5%. If his... (answered by josmiceli)

Mr. Horn invested half of his money at 5%, one-third of his money at 4%, and the rest of... (answered by ankor@dixie-net.com)

Please help, ive been stuck on this question for the last 45 mins. QUESTION: A man... (answered by ewatrrr,lwsshak3)

Dave Horn invested half of his money at 5%, one-tird of his money at4%, and the rest at... (answered by mananth)

I don't understand how to set up this problem in order to solve it because the book... (answered by gonzo)

can you please help me with this word problem? Merlin invested half of his money at... (answered by reviewermath)

Joe inherited some money from his father. He invested one-half of this amount at 5%,... (answered by mananth)

Can you help me in translating this statement into equation? "A man has three sums of... (answered by stanbon)

Sergio invests part of his 90,000 PESOS at 4% and the rest at 3%. How much money is... (answered by mananth)