A sum of $10,000 is invested in three accounts that pay 3%, 4%, and 5% interest. Twice

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A sum of $10,000 is invested in three accounts that pay 3%, 4%, and 5% interest. Twice as much money is invested in the account paying 5% as in the account paying 3%, and the total annual interest from all three accounts is $421.

(a) Write a system of equations whose solution gives the amount invested in each account. Be sure to state what each variable represents.

(b) Solve the system of equations.

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College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Question Posted: Jun 19, 2023 01:04 PM

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A sum of $10,000 is invested in three accounts that pay 3%, 4%, and 5% interest. Twice

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Let x equal the amount invested at 3 y equal t...View the full answer

College Algebra With Modeling And Visualization

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