#51 . Investment A man has $235,000 invested in three properties. One earns 12%, one 10%, and one 8%. His annual income from the properties is $22,500 and the amount invested at 8% is twice that invested at 12%. How much is invested in each property?
Answer $50,000 at 12%, $85,000 at 10%, and $100,000 at 8%
I am doing this practic problem in order to get ready for my exam. I tried to solve the problem in many difeerent ways but I couln't get the answer. Could anyone please help me to show work for this problẹm Thank you very much.
Oh currently i am learning about matrix, so this problem relate to matrix. thanx in advanced.
