SOLUTION: A total of $8,500 was invested in three interest earning accounts. The interest rates were 2%, 3%, and 6%. If the total simple interest for one year was $380 and the amount investe

Question 1068201: A total of $8,500 was invested in three interest earning accounts. The interest rates were 2%, 3%, and 6%. If the total simple interest for one year was $380 and the amount invested at 6% was equal to the sum of the amounts in the other two accounts, then how much was invested in each account?

Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
1.
2.
3.
From 2,

Substituting from 3,

4.
Substituting from 3 into 1,

5.
Now subtract 5 from 4,

Then,

and

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