1. Anoa bought two plots of land for total of $120000. when she sold the first plot, she made a profit of 15%. When she sold the second, she lost 10%. her total profit was $5500. how much did she pay for each piece of land?
2. a church building fund has invested some money in two ways: part of the money at 4% interest and four times as much at 3.5%. find the amount invested at each rate if the total annual income from interest is $36003.
3. Latasha Williams earned $48000 from royalties on her cookbook. she paid a 28% income tax on these royalties. the balance was invested in two ways, some of it at 3.25% interest and some at 1.75%. the investments produced $904.80 interest per year. find the amount invested at each rate.
2006-09-27
14:21:21
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1 answers
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