document.write( "Question 203682: Gary invested one-third of his insurance settlement in a CD that yielded 12%. He also invested one-third in Tara's computer business. Tara paid Gary 15% on his investment. IF Gary's total income from these investments was $10,800 for one year, then what was the amount of his insurance settlement \n" ); document.write( "
Algebra.Com's Answer #153708 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Let Gary’s insurance settlement be i. Then he invested \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It also means that Gary invested \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".04i + .05i = 10,800\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".09i = 10,800\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "Gary’s insurance settlement was: $ \n" ); document.write( " \n" ); document.write( " |