Let A, B, C be the amounts invested at 10, 12, and 16 percent.
A*.10+B*.12+C*.16=3200
C*.16=A*.10+B*.12
A+B+C=25,000
Can you solve it now?
Could you please answer this?
Investment. Part of $25,000 is invested at 10 percent, another part is invested at 12 percent, and a third part is invested at 16 percent. The total yearly income from these three investments is $3,200. Furthermore, the income from the 16 percent investment yields the same amount as the sum of the incomes from the other two investments. How much is invested at each rate?
1 answer