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Author Question: Melody has $45,000 to invest and wishes to receive an annual income ... (Read 462 times)

ts19998

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on: Feb 28, 2021
Solve the problem using matrices.

Melody has $45,000 to invest and wishes to receive an annual income of $4290 from this money. She has chosen investments that pay 5%, 8%, and 12% simple interest. Melody wants to have the amount invested at 12% to be double the amount invested at 8%. How much should she invest at each rate?
Precalculus ¦ Sullivan ¦ 10th Edition
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Marked as best answer by ts19998 on Feb 28, 2021

sarahccccc

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Reply #1 on: Feb 28, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ts19998

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Reply 2 on: Feb 28, 2021
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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