Question

A person invested ​$6900 for 1​ year, part at 88​%, part at 99​%, and the remainder...

A person invested ​$6900 for 1​ year, part at 88​%, part at 99​%, and the remainder at 14​%. The total annual income from these investments was ​$791. The amount of money invested at 14​% was ​$500 more than the amounts invested at 88​% and 99​% combined. Find the amount invested at each rate.

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
A person invested ​$6900 for 1​ year, part at 88​%, part at 99​%, and the remainder...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • This Question: A person invested $6900 for 1 year, part at 4%, part at 10%, and...

    This Question: A person invested $6900 for 1 year, part at 4%, part at 10%, and the remainder at 13%. The total annual income from these investments was $726. The amount of money invested at 13% was $700 more than the amounts invested at 4% and 10% combined. Find the amount invested at each rate at 13% The person invested at 4%, $at 10%, and $

  • A person invested $7700 for 1 year, part at 5%, part at 9%, and the remainder...

    A person invested $7700 for 1 year, part at 5%, part at 9%, and the remainder at 13%. The total annual income from these investments was $805. The amount invested at 13% was $700 more than the amounts invested at 5% and 9% combined. Find the amount invested at each rate. The person invested $___ at 5%, $___ at 9%, and $___ at 13%. A person invested $7700 for 1 year, part at 5% part at 9%, and the remainder...

  • Larry Mitchell invested part of his $14,000 cash advance at 4% annual simple interest and the...

    Larry Mitchell invested part of his $14,000 cash advance at 4% annual simple interest and the rest at 7% annual simple interest. If his total yearly interest from both accounts was $620, find the amount invested at each rate. Larry Mitchell invested part of his $14,000 advance at 4 accounts was $620, find the amount invested at each rat The amount invested at 4% is $ The amount invested at 7% is $

  • Highline College's scholarship fund receives a gift of $ 160000. The money is invested in stocks,...

    Highline College's scholarship fund receives a gift of $ 160000. The money is invested in stocks, bonds, and CDs. CDs pay 4.75 % interest, bonds pay 2.2 % interest, and stocks pay 10.6 % interest. GRCC invests $ 10000 more in bonds than in CDs. If the annual income from the investments is $ 8995, how much was invested in each vehicle? HC invested $ in stocks. HC invested $ in bonds. HC invested $ in CDs. Submit Question

  • Country Day's scholarship fund receives a gift of $ 155000. The money is invested in stocks,...

    Country Day's scholarship fund receives a gift of $ 155000. The money is invested in stocks, bonds, and CDs. CDs pay 5.5 % interest, bonds pay 5.9 % interest, and stocks pay 10.7 % interest. Country day invests $ 60000 more in bonds than in CDs. If the annual income from the investments is $ 12705, how much was invested in each vehicle? in stocks. Country Day invested $ Country Day invested $ Country Day invested $ in bonds. in...

  • Country Day's scholarship fund receives a gift of $ 145000. The money is invested in stocks,...

    Country Day's scholarship fund receives a gift of $ 145000. The money is invested in stocks, bonds, and CDs. CDs pay 2.25 % interest, bonds pay 2.5 % Interest, and stocks pay 10.8 % interest. Country day invests $ 15000 more in bonds than in CDs. If the annual income from the investments is $ 8517.5, how much was invested in each vehicle? in stocks. Country Day invested $ Country Day invested $ Country Day invested $ in bonds. in...

  • Maricopa's Success scholarship fund receives a gift of $ 115000. The money is invested in stocks,...

    Maricopa's Success scholarship fund receives a gift of $ 115000. The money is invested in stocks, bonds, and CDs. CDs pay 5.25 % interest, bonds pay 4 % interest, and stocks pay 6.8 % interest. Maricopa Success invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 6390 , how much was invested in each account? Maricopa Success invested $     in stocks. Maricopa Success invested $     in bonds. Maricopa Success invested $     in CDs.

  • Maricopa's Success scholarship fund receives a gift of $130000. The money is invested in stocks, bonds,...

    Maricopa's Success scholarship fund receives a gift of $130000. The money is invested in stocks, bonds, and CDs. CDs pay 2.75 % interest, bonds pay 2.4 % interest, and stocks pay 7.1 % interest. Maricopa Success invests $75000 more in bonds than in CDs. If the annual income from the investments is $4347.5, how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs.

  • Country Day's scholarship fund receives a gift of $ 190000. The money is invested in stocks, bonds, and CDs. CDs pay...

    Country Day's scholarship fund receives a gift of $ 190000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds pay 2.5 % interest, and stocks pay 11.1 % interest. Country day invests $ 30000 more in bonds than in CDs. If the annual income from the investments is $ 9390 , how much was invested in each vehicle? Country Day invested $     in stocks. Country Day invested $     in bonds. Country Day invested $

  • Country Day's scholarship fund receives a gift of 120000. The money is invested in stocks, bonds,...

    Country Day's scholarship fund receives a gift of 120000. The money is invested in stocks, bonds, and CDs. CDs pay 2 % interest, bonds pay 5.8 % interest, and stocks pay 11.7% interest. Country Day invests $ 55000 more in bonds than in CDs. If the annual income from the investments is S 7675 , how much was invested in each? Country Day investeds Country Day invested S Country Day invested S n stocks, in bonds. in CDs.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT