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Word Problems.  Mr. Cashe invested $14,000, part at 5% and the rest at 8%. His total annual income from these investments was $1,000. Find the amount.

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Presentation on theme: "Word Problems.  Mr. Cashe invested $14,000, part at 5% and the rest at 8%. His total annual income from these investments was $1,000. Find the amount."— Presentation transcript:

1 Word Problems

2  Mr. Cashe invested $14,000, part at 5% and the rest at 8%. His total annual income from these investments was $1,000. Find the amount he invested at each rate.

3 1 st Investment2 nd InvestmentTotal Amount Invested Interest Rate Interest Earned

4  Mr. Cashe invested $14,000, part at 5% and the rest at 8%. His total annual income from these investments was $1,000. Find the amount he invested at each rate. 1 st Investment 2 nd Investment Total Amount Invested xy14,000 Interest Rate 5%8% Interest Earned 0.05x0.08y1,000

5  Mrs. Salz invested a sum of money in bonds yielding 7% a year and another sum in bonds yielding 6% a year. In all, she had $4,000 invested. If her total annual income from these two investments was $270, how much was invested at each rate?

6  Miss Diaz invested a certain amount of money in bonds yielding 6% a year and twice as much as in bonds yielding 5% a year. If her total annual income from these two investments was $960, how much did she invest in each type of bond?

7  Mr. Rich invested $14,000, part at 8% and the rest at 6%. If the annual incomes from both investments were equal, find the amount he invested at each rate.

8  Mr. Bear invested $8,000 at 7%. How much additional money must he invest at 4% in order that his annual income may equal 5% of his entire investment ?


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