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25 February, 04:50

20. A man invests $20,000 at an annual interest rate of 7%, and $ 12,000.00 at an

annual interest rate of 7.5%. What was his annual income on the two investments!

1. $1,400.00

2. $1,500.00

3. $2,000.00

4. $2,300.00

5. $2,800.00

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Answers (1)
  1. 25 February, 08:15
    0
    The answer is (5.) 2,800.00
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