Question 227497: 4.4. A person invested 17,000 for one year, part at 10% part at 12%. The total annual income from these investments was 716. The amount of money invested at 12# was 300.00 more than the amounts invested at 8% and 10% combined. Find the amount invested at each rate. PLEASE HELP>>>>>>>>I AM LOOOOOSSSSSSSTTTTTTTT
Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! A person invested 17,000 for one year, part at 10% part at 12%.
The total annual income from these investments was 716.
The amount of money invested at 12% was 300.00 more than the amounts invested at 8% and 10% combined.
Find the amount invested at each rate.
:
In the first sentence you indicate two investments of 10% & 12%, then in the last
sentence, you mention an 8% investment. Perhaps you can clarify this, and we can help you find your way, this fine Saturday morning!
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