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Mathematics Clinic => Grade 11 and 12 Mathematics => Topic started by: pragya sharda on Feb 28, 2021

Title: Lexie wants to have an income of $9000 per year from investments. To that end she ...
Post by: pragya sharda on Feb 28, 2021

Solve the problem.

Lexie wants to have an income of $9000 per year from investments. To that end she is going to invest $90,000 in three different accounts. These accounts pay 7%, 10%, and 14% simple interest. If she wants to have $10,000 more in the account paying 7% simple interest than she has in the account paying 14% simple interest, how much should go into each account?

Title: Lexie wants to have an income of $9000 per year from investments. To that end she ...
Post by: dellikani2015 on Feb 28, 2021

$40,000 at 7%, $20,000 at 10%, $30,000 at 14%

Title: Re: Lexie wants to have an income of $9000 per year from investments. To that end she ...
Post by: Zoya Syed on May 8, 2022

Thank You

Title: Re: Lexie wants to have an income of $9000 per year from investments. To that end she ...
Post by: ll kk on Nov 21, 2022

Thank you