Posted by **Maerika** on Monday, May 2, 2011 at 12:44pm.

An executive invests $24,000, some at 7% and some at 5% annual interest. If he receives an annual return of $1600, how much is invested at each rate?

## Answer this Question

## Related Questions

- algebra - An executive invests $25,000, some at 8% and some at 4% annual ...
- college algebra - An executive invests $29,000, some at 8% and some at 4% annual...
- college algebra - An executive invests $22,000, some at 8% and some at 6% annual...
- college algebra - an executive invests $29,000 some at 7% and some at 6% annual...
- algebra - an executive invests $35000, some at 9% and some at 7% annual interest...
- pre calculus - Jack invests $1000 at a certain annual interest rate, and he ...
- math - With income earned by selling the rights to his life story, an actor ...
- Math - melissa invested a some of money at 3% annual simple inter she invested ...
- math - if $9,000 is to be invested, part at 13% and the rest at 8% simple ...
- Math - An investment advisor invested a total of $12,000, part at 2.5% annual ...