Solve the problem.A man has $298,000 invested in three rental properties. One property earns 8.5% per year on the investment, a second earns 11%, and the third earns 7%. The annual earnings from the the properties total $17,000. Write a system of two equations to represent the problem with x, y, and z representing the 8.5%, 11%, and 7% investments, respectively.
A.
B.
C.
D.
Answer: A
You might also like to view...
Use the Midpoint Formula to estimate the sales of Dollar Tree Stores, Inc. in 2005, given the sales in 2003 and 2007. Assume that the sales followed a linear pattern.Dollar tree YearSales (in millions)2003220020074283
A. $3241.5 million B. $3251.5 million C. $3246.5 million D. $3256.5 million E. $3261.5 million
The function f(x) changes value when x changes from x0 to x0 + dx. Find the approximation error . Round your answer, if appropriate.f(x) =
, x0 = 9, dx = 0.07
A. 0.01169 B. -0.01169 C. 0.00003 D. -0.00003
Find the simple interest. Round your answer to the nearest cent.Principal = $3700Rate = 3%Time in years = 3
A. $388.50 B. $427.35 C. $3885.00 D. $333.00
Find the product and write the result in standard form.(1 + 4i)2
A. 1 + 8i + 16i2 B. -15 C. 17 + 8i D. -15 + 8i