document.write( "Question 471712: I have worked on this problem for three days, and need some help please.\r
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document.write( " The question ask: An investment of $57,000 was made by a business club. The investment was split into three parts and lasted for a year.The first part of the investment earned 8% interest, the second 6%, and the third 9% interest. Total interest from the investments was $4290. The interest from the first investment was three times the interest from the second. Find the amounts of the three part investments.\r
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document.write( "Investment 1 =
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document.write( "Investment 2 =
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document.write( "Investment 3 = \r
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document.write( "Thanks so much, hopefully you can help!
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Algebra.Com's Answer #323495 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An investment of $57,000 was made by a business club. The investment was split into three parts and lasted for a year.The first part of the investment earned 8% interest, the second 6%, and the third 9% interest. Total interest from the investments was $4290. The interest from the first investment was three times the interest from the second. Find the amounts of the three part investments. \n" ); document.write( "------------- \n" ); document.write( "3 equations with 3 variables: \n" ); document.write( "Quantity: x + y + z = 57000 \n" ); document.write( "Interest:0.08x+0.06y+0.09z = 4290 \n" ); document.write( "Interest:0.08x - 3*0.06y = 0 \n" ); document.write( "----- \n" ); document.write( "Rearrange: \n" ); document.write( "x + y + z = 57000 \n" ); document.write( "8x + 6y + 9z = 429000 \n" ); document.write( "8x - 18y + 0 = 0 \n" ); document.write( "================================= \n" ); document.write( "Solve the system by any method you know to get: \n" ); document.write( "x = $36000 \n" ); document.write( "y = $16000 \n" ); document.write( "z = $5000 \n" ); document.write( "============= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |