SOLUTION: Mardi received an inheritance of $70,000. She invested part at 1.75% and deposited the remainder in tax-free bonds at 3%. Her total annual income from the investments was $1600. Fi

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Mardi received an inheritance of $70,000. She invested part at 1.75% and deposited the remainder in tax-free bonds at 3%. Her total annual income from the investments was $1600. Fi      Log On

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Question 793108: Mardi received an inheritance of $70,000. She invested part at 1.75% and deposited the remainder in tax-free bonds at 3%. Her total annual income from the investments was $1600. Find the amount invested at 1.75%.

Answer by Rydell83(1) About Me  (Show Source):