Connor invested a total of $ 50,000 in three different investments that yield 5%, 7% , and 10% per year, respectively. The total income per year from the three investments is $ 3,764 . If the income from the 7% investment is half the income of the 10% investment, what amount did Jose invest in each investment?
(a) Write the system of equations that will solve this problem. Do not solve.
(b) Write the system as a matrix equation A X=B . Do not solve.

Question

Connor invested a total of  $ 50,000  in three different investments that yield  5%, 7% , and  10%  per year, respectively. The total income per year from the three investments is  $ 3,764 . If the income from the  7%  investment is half the income of the  10%  investment, what amount did Jose invest in each investment?
(a) Write the system of equations that will solve this problem. Do not solve.
(b) Write the system as a matrix equation  A X=B . Do not solve.

Quizplus · Accepted Answer

The Answer of Connor invested a total of  $ 50,000  in three different investments that yield  5%, 7% , and  10%  per year, respectively. The total income per year from the three investments is  $ 3,764 . If the income from the  7%  investment is half the income of the  10%  investment, what amount did Jose invest in each investment?
(a) Write the system of equations that will solve this problem. Do not solve.
(b) Write the system as a matrix equation  A X=B . Do not solve.

Connor Invested a Total of $ 50,000 in Three