document.write( "Question 532306: An investor has a total $18,000 deposited in three different accounts, which earn annual interest of 9%, 7%, and 5%. The account deposited in the 9% account is twice the amount in the 5% account. If the three accounts earn total annual interest of $1340, how much money is deposited in each account? \n" ); document.write( "
Algebra.Com's Answer #350799 by mananth(16946)![]() ![]() You can put this solution on YOUR website! An investor has a total $18,000 deposited in three different accounts,\r \n" ); document.write( "\n" ); document.write( "9%,------------ $x \n" ); document.write( "7%,-------------$y \n" ); document.write( "5%.-------------$z \r \n" ); document.write( "\n" ); document.write( "The account deposited in the 9% account is twice the amount in the 5% account. \n" ); document.write( "x=2z\r \n" ); document.write( "\n" ); document.write( "x+y+z=18000 \n" ); document.write( "substitute z \n" ); document.write( "2z+y+z=18000 \n" ); document.write( "y+3z=18000.................1 \n" ); document.write( "the three accounts earn total annual interest of $1340, \n" ); document.write( "9%x+7%y+5%z=1340 \n" ); document.write( "x=2z \n" ); document.write( "9%*2z+7%y+5%z=1340 \n" ); document.write( "18%z+7%y+5%z=1340 \n" ); document.write( "multiply by 100 \n" ); document.write( "18z+7y+5z=134000 \n" ); document.write( "23z+7y=134000................2\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "3 z + 1 y = 18000 .............1 \n" ); document.write( "23 z + 7 y = 134000 .............2 \n" ); document.write( "Eliminate y \n" ); document.write( "multiply (1)by -7 \n" ); document.write( "Multiply (2) by 1 \n" ); document.write( "-21 z -7 y = -126000 \n" ); document.write( "23 z 7 y = 134000 \n" ); document.write( "Add the two equations \n" ); document.write( "2 z = 8000 \n" ); document.write( "/ 2 \n" ); document.write( "z = 4,000.00 \n" ); document.write( "plug value of z in (1) \n" ); document.write( "3 z + 1 y = 18000 \n" ); document.write( "12000 + 1 y = 18000 \n" ); document.write( " 1 y = 18000 -12000 \n" ); document.write( " 1 y = 6000 \n" ); document.write( " y = 6000.00 \r \n" ); document.write( "\n" ); document.write( "Now that you know z & y you can calculate x \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |