Jossy I.

asked • 05/02/16

Write an appropriate system of equations to solve the following problem.

Suppose you receive a total of $1520 a year in interest from three investments. The interest rates for the three investments are 5%, 7%, and 8%. The 5% investment is half of the 75 investment, and the 7% investment is $1500 less than the 8% investment. What is the amount of each investment?

1 Expert Answer


Chris V. answered • 08/10/16

5.0 (55)

Engineering student with a love for math, science, and writing

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