SOLUTION: When equal amounts are invested in each of three accounts paying 5%, 9%, and 11.5%, one year's combined interest income is $1,198.50. How much is invested in each account?

Question 895090: When equal amounts are invested in each of three accounts paying 5%, 9%, and 11.5%, one year's combined interest income is $1,198.50. How much is invested in each account?
Answer by lwsshak3(11628) (Show Source): You can put this solution on YOUR website!
When equal amounts are invested in each of three accounts paying 5%, 9%, and 11.5%, one year's combined interest income is $1,198.50. How much is invested in each account?
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let x=amt invested in each of three accounts paying 5%, 9%, and 11.5%
.05x+.09x+.115x=1198.500
.255x=1190.50
x=4668.63
How much is invested in each account? $4,668.63
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