SOLUTION: Two investments totaling $32,000 produce an annual income of $1,070. One investment yields 3% a year, while the other yields 5% per year. How much is invested at each rate?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Two investments totaling $32,000 produce an annual income of $1,070. One investment yields 3% a year, while the other yields 5% per year. How much is invested at each rate?      Log On