SOLUTION: Mrs. centeno invested half of her money at 7 percent and half at 8 percent per year, her annual income from the two investment was 7,500.00 how much did she invest at each rate?
Algebra ->
Equations
-> SOLUTION: Mrs. centeno invested half of her money at 7 percent and half at 8 percent per year, her annual income from the two investment was 7,500.00 how much did she invest at each rate?
Log On
Question 105247: Mrs. centeno invested half of her money at 7 percent and half at 8 percent per year, her annual income from the two investment was 7,500.00 how much did she invest at each rate? Answer by elima(1433) (Show Source):
You can put this solution on YOUR website! Mrs. centeno invested half of her money at 7 percent and half at 8 percent per year, her annual income from the two investment was 7,500.00 how much did she invest at each rate?
.15x=7500(2)
.15x=15000
x=100,000
So she invested a total of $100,000; half of that at 7% and the other half at 8%
:)
(