Investment A woman has $800,000 to invest, andshe is considering buying shares in three investmentproperties. One property earns 9%, one earns 8%, andone earns 7.5%. The total annual earnings on the threeproperties is $67,400. If she invests as much in the 9%property as the sum of her investments in the other twoproperties, how much did she invest in each property?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Investment A woman has $800,000 to invest, and
she is considering buying shares in three investment
properties. One property earns 9%, one earns 8%, and
one earns 7.5%. The total annual earnings on the three
properties is $67,400. If she invests as much in the 9%
property as the sum of her investments in the other two
properties, how much did she invest in each property?

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