SOLUTION: Mr. Smith invested money into 3 separate funds. Fund A pays 8% interest, fund B 9% and fund C 11.5%. The total interest earned was $1282.50. How much did Mr. Smith invest in each o

SOLUTION: Mr. Smith invested money into 3 separate funds. Fund A pays 8% interest, fund B 9% and fund C 11.5%. The total interest earned was $1282.50. How much did Mr. Smith invest in each o

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Question 991279: Mr. Smith invested money into 3 separate funds. Fund A pays 8% interest, fund B 9% and fund C 11.5%. The total interest earned was $1282.50. How much did Mr. Smith invest in each of the funds.
Answer by ikleyn(52788) (Show Source): You can put this solution on YOUR website!
.
0.08x + 0.09y + 0.115z = 1282.50

Not enough data to solve.

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