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A person invested $7100 for 1 year, part at 5%, part at 11%, and the remainder at 14%. The total annual income from these investments was $814. The amount of money invested at 14% was $300 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $ at 5%, $ at 11%, and $ at 14%.

A person invested $7100 for 1 year, part at 5%, part at 11%, and the remainder at 14%. The total annual income from these investments was $814. The amount of money invested at 14% was $300 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $ at 5%, $ at 11%, and $ at 14%.

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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A person invested $7100 for 1 year, part at 5%, part at 11%, and the remainder at 14%. The total annual income from these investments was $814. The amount of money invested at 14% was $300 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $ at 5%, $ at 11%, and $ at 14%.
Transcribed Image Text:A person invested $7100 for 1 year, part at 5%, part at 11%, and the remainder at 14%. The total annual income from these investments was $814. The amount of money invested at 14% was $300 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate The person invested $ at 5%, $ at 11%, and $ at 14%.
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