One safe investment pays 10% per year, and a more risky investment pays 18% per year....

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One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who has $139,900 to invest would like to have an income of $18,950 per year from her investments. How much should she invest at each rate? 10% $ 18% $ A concert promoter needs to make $43,400 from the sale of 1720 tickets. The promoter charges $20 for some tickets and $35 for the others. Let x represent the number of $20 tickets and y represe the number of $35 tickets. Solve the equations simultaneously to find how many tickets of each type must be sold to yield the $43,400. X = y = One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who has $139,900 to invest would like to have an income of $18,950 per year from her investments. How much should she invest at each rate? 10% $ 18% $ A concert promoter needs to make $43,400 from the sale of 1720 tickets. The promoter charges $20 for some tickets and $35 for the others. Let x represent the number of $20 tickets and y represe the number of $35 tickets. Solve the equations simultaneously to find how many tickets of each type must be sold to yield the $43,400. X = y =

Answer rating: 100% (QA)

To determine how much the woman should invest at each rate we can use the following system of equati... View the full answer