A woman has $525,000 invested in two rental properties. One yields an annual return of 10% of her investment, and the other returns 12% per year on her investment. Her total annual return from the two investments is $53,000. Let x represent the amount of the 10% investment and y represent the amount of the 12% investment. Find how much is invested in each property by solving the equations for the total amount invested and the return from each property.
A) $131,250 at 10% and $290,000 at 12%
B) $500,000 at 10% and $25,000 at 12%
C) $240,000 at 10% and $235,000 at 12%
D) $290,000 at 10% and $25,000 at 12%
E) $235,000 at 10% and $240,000 at 12%

Question

A woman has $525,000 invested in two rental properties. One yields an annual return of 10% of her investment, and the other returns 12% per year on her investment. Her total annual return from the two investments is $53,000. Let x represent the amount of the 10% investment and y represent the amount of the 12% investment. Find how much is invested in each property by solving the equations for the total amount invested and the return from each property. ​
A) $131,250 at 10% and $290,000 at 12%
B) $500,000 at 10% and $25,000 at 12%
C) $240,000 at 10% and $235,000 at 12%​
D) $290,000 at 10% and $25,000 at 12%
E) $235,000 at 10% and $240,000 at 12%

Quizplus · Accepted Answer

The Answer of A woman has $525,000 invested in two rental properties. One yields an annual return of 10% of her investment, and the other returns 12% per year on her investment. Her total annual return from the two investments is $53,000. Let x represent the amount of the 10% investment and y represent the amount of the 12% investment. Find how much is invested in each property by solving the equations for the total amount invested and the return from each property. ​
A) $131,250 at 10% and $290,000 at 12%
B) $500,000 at 10% and $25,000 at 12%
C) $240,000 at 10% and $235,000 at 12%​
D) $290,000 at 10% and $25,000 at 12%
E) $235,000 at 10% and $240,000 at 12%

A Woman Has $525,000 Invested in Two Rental Properties