A women has $500,000 invested in two rental properties. One yields an annual return of 14% on her investment, and the other returns 10% per year on her investment. Her total annual return from the two investments is $59,000. How much is invested at each return?

Answer 1

A + B = 500,000

.14 A + .10 B = 59,000
multiply second equation by 10

1.0 A + B = 500,000
1.4 A + B = 590,000
--------------------- subtract
-.4 A = -90,000
A = 225,000 etc

Answer 2

Thanks Damon!

Answer 3

You are welcome.