Posted by **mohamed** on Tuesday, January 29, 2013 at 10:02am.

Investing inhertance.Norman invested one-half of his inheritance in a CD that had a 10% annoul yield. He lent one-quarter of of his inheritance to his brother -in-law at 12% simple interest. His income from these two investments was $6400 for 1 year. How much was the inheritance?

## Answer this Question

## Related Questions

- algebra - Randy invested his inheritance in an account that paid 6.1% interest, ...
- Math - Sam lent her brother some money at 9% simple interest and her sister one-...
- math - Samantha lent her brother some money at 9% simple interest and her ...
- Algebra - Ramona divided his 35,000 inheritance between two investments, one ...
- Math - An inheritance of $40,000 is invested in two municipal bonds which pay 6...
- algebra - Sylvia Acuff invested money received from an inheritance for 9 months ...
- math - An inheritance of $50,000 is divided into two investments earning 8.5% ...
- interest - an inheritance will be 20000. the interest rate for the the time ...
- Math - A bank lent $1.2 million for the development of three new products, with ...
- Math - A bank lent $1.2 million for the development of three new products, with ...

More Related Questions