document.write( "Question 758306: Equal amounts are invested in each of three accounts paying 3%, 7%, and 10.5% annually. If one year's combined interest income is $840.50, how much is invested in each account? \n" ); document.write( "
Algebra.Com's Answer #461385 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Equal amounts are invested in each of three accounts paying 3%, 7%, and 10.5% annually. If one year's combined interest income is $840.50, how much is invested in each account? \n" ); document.write( "--------- \n" ); document.write( "Equation: \n" ); document.write( "3x + 7x + 10.5x = 84050 cents \n" ); document.write( "--------------------------------- \n" ); document.write( "20.5x = 84050 \n" ); document.write( "---- \n" ); document.write( "x = $4100.00 dollars \n" ); document.write( "----------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |