SOLUTION: when equal amounts are invested in each of three accounts paying 8% 9% and 12.5% one years combined interest income is $1,209.50 how much is invested in each account
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Question 1112185: when equal amounts are invested in each of three accounts paying 8% 9% and 12.5% one years combined interest income is $1,209.50 how much is invested in each account
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
x=amount
.08x+.09x+.125x=1209.50
0.295x=1209.50
x=$4100
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