Susan placed $5,400 into three investments: Account A paid 10% simple interest, Account B paid 12%...
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Susan placed $5,400 into three investments: Account A paid 10% simple interest, Account B paid 12% simple interest, and Account C paid 18% simple interest. The total interest earned after one year is $760. If the amount of money placed in Account C is $500 more than the amount placed in Account B, find the amount of each investment in dollars. amount invested in Account A $ amount invested in Account B $ amount invested in Account C Susan placed $5,400 into three investments: Account A paid 10% simple interest, Account B paid 12% simple interest, and Account C paid 18% simple interest. The total interest earned after one year is $760. If the amount of money placed in Account C is $500 more than the amount placed in Account B, find the amount of each investment in dollars. amount invested in Account A $ amount invested in Account B $ amount invested in Account C
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Answer rating: 100% (QA)
Let x be the amount invested in Account B Then the amount invested in Account C is x 500 ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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