Solve each problem. Lottery Winnings Linda won $200,000 in a state lottery. She first paid income tax

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Solve each problem.

Lottery Winnings Linda won $200,000 in a state lottery. She first paid income tax of 30% on the winnings. She invested some of the rest at 1.5% and some at 4%, earning $4350 interest per year. How much did she invest at each rate?

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College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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Question Posted: Feb 11, 2019 05:20 AM

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Solve each problem. Lottery Winnings Linda won $200,000 in a state lottery. She first paid income tax

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30 of 200000 is 60000 so after paying her income tax Linda had 140000 left to ...View the full answer

College Algebra

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