SOLUTION: Mr.Caminiti has some money invested at 4% and three times as much invested at 6%.Her total annual income from the two investments is $ 1100.how muxh is invested at each rate?
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Question 1089741: Mr.Caminiti has some money invested at 4% and three times as much invested at 6%.Her total annual income from the two investments is $ 1100.how muxh is invested at each rate? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! (1)
(2)
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(1)
(2)
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(1)
(2)
Plug (1) into (2)
(2)
(2)
(2)
and
$5,000 invested @ 4%
$15,000 invested @ 6%
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check:
(1)
(1)
(1)
and
(2)
(2)
(2)
OK
