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A man has $ 235,000 invested in three properties. One earns 12%, one 10% and one 8%. His annual income from the properties is $
A man has $235,000invested in three properties. One earns 12%, one 10% and one 8%. His annual income from the properties is $22,500and the amount invested at 8% is twice that invested at 12%.
(a) How much is invested in each property?
12%property=
10%property=
8%property=
(b) What is the annual income from each property?
12%property=
10%property=
8%property=
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