A woman has $445,000 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 $47,000. 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. $111,250 at 10% and $360,000 at 12%
B. $320,000 at 10% and $125,000 at 12%
C. $110,000 at 10% and $85,000at 12%?
D. $360,000 at 10% and $125,000 at 12%
E. $85,000 at 10% and $110,000 at 12%
Answer: B
You might also like to view...
Find the cube root of the number. Approximate the answer to the nearest hundredth whenever appropriate.-1000
A. -31 B. -100 C. 10 D. -10
Find the expected value.A new light bulb has been found to have a 0.02 probability of being defective. A shop owner receives 500 bulbs of this kind. How many of these bulbs are expected to be defective?
A. 20 B. 100 C. 10 D. 500
Find the mean for the given sample data.The local Tupperware dealers earned these commissions last month:
What was the mean commission earned? Round your answer to the nearest cent.
A. $3420.39 B. $3426.39 C. $4282.98 D. $3807.10
Draw the graph of the equation.
A. 
B. 
C. 
D. 