SOLUTION: a man invests $32,000 at 10% per anum and $36,000 at 8% per anum.his return on the complete investment is

Algebra ->  Linear-equations -> SOLUTION: a man invests $32,000 at 10% per anum and $36,000 at 8% per anum.his return on the complete investment is       Log On


   

Question 1124735: a man invests $32,000 at 10% per anum and $36,000 at 8% per anum.his return on the complete investment is
Answer by Alex.33(110) About Me  (Show Source):
You can put this solution on YOUR website!
After t years, he'll get (in total):
32000*(1+10%*t)+36000*(1+8%t)=$(68000+6080t).

btw "per anum" should be "per annum", if you mean by it "every year".
Hope it helps. Thanks!