Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a person invested $6500 for 1 year, part at 5%, pa

A person invested $6500 for 1 year, part at 5%, part at 11%, and the...

60.1K

Verified Solution

Question

Basic Math

image

A person invested $6500 for 1 year, part at 5%, part at 11%, and the remainder at 13%. The total annual income from these investments was $721. The amount of money invested at 13% was $700 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate.The person invested $ ____at 5%, $____at 11%, and $______at 13%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

HU245 Unit 2 AssignmentEthical Theories Comparison ChartUtilitarianismEthical EgoismEthics of CareKantianismPrima...HU245 Unit 2 AssignmentEthical Theories...

Physics
1.2K views

For the same angle of incidence angle of refraction of 2 media A and B...

Physics
1.2K views

Name of the Student Note Tie up this paper to main answer sheet Instructions i...

Physics
1.2K views

Consider the open topped tank below It is filled with a non compressible 0 viscosity...

Physics
1.2K views

hydrogen atom If the ionisation potential in the ground state for hydrogen is 13 6...

Geometry
1.2K views

9 Which angle in AABC has the greatest measure A LA BLB CLC D cannot...

Basic Math
1.2K views

Determine whether the conclusion follows logically from the premises.If my jeans are tight, then I...

Calculus
1.2K views

Maximize Subject to Maximum is X y z 4x 3y 3x 7y 5x 3y X...

Accounting
1.2K views

Practice Question 23 Preferred stockholders have a...

Accounting
1.2K views

Marjorie Knaus, arquitecta, organiz Knaus Architects el 1 de enero de 2018. Durante el mes,...

Accounting
1.2K views

4. Way Cool produces two different models of air conditioners. The company produces the...

Finance
1.2K views

Here are some historical data on the risk characteristics of Bank of America and Starbucks....