Question

In: Advanced Math

A man has ​$380000 invested in three rental properties.One property earns 7.5​% per year on the​...

A man has ​$380000 invested in three rental properties.One property earns

7.5​% per year on the​ investment, the second earns 8​% and the third earns 9​%.

The total annual earnings from the three properties is $ 32,000 and the amount invested at 9​%

equals the sum of the first two investments. Let x equal the investment at

7.5​%, y equal the investment at 8​%,and z represent the investment at 9​%.

A.Solve the system of equations to find how much is invested in each property.

Solutions

Expert Solution

Colby Messinger answered 2 years ago
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