Question
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
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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Let x be the amount invested in Account B Then the amount invested in Account C is x 500 ...Get Instant Access to Expert-Tailored Solutions
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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