Homer has three investments totaling $110,000. These investments earn interest at 4%,6%,and 8% respectively. Homer's total income from these investments is $7200. The income from the 8% investment exceeds the total income from the other two investments by $800. Find how much Homer has invested at 4%?
2007-07-06
14:12:37
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3 answers
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asked by
kimmeez
1
in
Science & Mathematics
➔ Mathematics
I got this wrong on a test earlier, according to the test the answer should've been $20000.
2007-07-06
14:29:16 ·
update #1