Mary won $200,000 in a state lottery. She first paid income tax of 30% on the winnings.
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Mary won $200,000 in a state lottery. She first paid income tax of 30% on the winnings. Of the rest she invested some at 1.5% and some at 4% earning $4350 interest per year. How much did she invest at each rate?
Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
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