Solve the problem.
-Linda invests $25,000 for one year. Part is invested at 5%, another part at 6%, and the rest at 8%. The total income from all 3 investments is $1600. The combined income from the 5% and 6% investments is the same as
The income from the 8% investment. Find the amount invested at each rate.
A) $8000 at 5%, $10,000 at 6%, $7000 at 8%
B) $10,000 at 5%, $10,000 at 6%, $5000 at 8%
C) $5000 at 5%, $10,000 at 6%, $10,000 at 8%
D) $10,000 at 5%, $5000 at 6%, $10,000 at 8%
Correct Answer:
Verified
Q107: Solve the system. Q108: Solve the system. Q109: Solve the problem. Q110: Solve the problem. Q111: Solve the system. Q113: Solve the system. Q114: Solve the system. Q115: Solve the problem. Q116: Solve the problem. Q117: Solve the system. Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
-
-
-A company makes 3 types
-A grain dealer sold to
-
-
-
-A company makes 3 types
-Michael's bank contains only nickels,
-