SOLUTION: equal amounts are invested in each of 3 accounts paying 8%,9% and 13.5% annually. If one years combined interest income is $1,433.50, how much was invested in each account

SOLUTION: equal amounts are invested in each of 3 accounts paying 8%,9% and 13.5% annually. If one years combined interest income is $1,433.50, how much was invested in each account

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Question 1181852: equal amounts are invested in each of 3 accounts paying 8%,9% and 13.5% annually. If one years combined interest income is $1,433.50, how much was invested in each account
Answer by ikleyn(52776) (Show Source): You can put this solution on YOUR website!
.


    0.08x + 0.09x + 0.135x = 1433.50


    x =  = 4700.



ANSWER.  Each principal was $4700.00.

Solved.

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