document.write( "Question 1053678: Jorge minez has a total of $40,000 invested in three different accounts. He has some money invested in one account that gives 7% interest.The second account has $5000 less than the first account and gives 5% interest.The third account gives 3% interest.If the total annual interest is $2300, find the amount in each acccount. \n" ); document.write( "
Algebra.Com's Answer #668885 by stanbon(75887) ![]() You can put this solution on YOUR website! Jorge minez has a total of $40,000 invested in three different accounts. \n" ); document.write( "He has some money invested in one account that gives 7% interest. \n" ); document.write( "The second account has $5000 less than the first account and gives 5% interest. \n" ); document.write( "The third account gives 3% interest. \n" ); document.write( "If the total annual interest is $2300, find the amount in each account. \n" ); document.write( "------------------------ \n" ); document.write( "Equations: \n" ); document.write( "s + f + t = 40,000 \n" ); document.write( "7s + 5f + 3t = 230000 \n" ); document.write( "f = s-5000 \n" ); document.write( "-------- \n" ); document.write( "Rearrange:: \n" ); document.write( "s + f + t = 40000 \n" ); document.write( "7s + 5f + 3t = 230000 \n" ); document.write( "s - f + 0t = 5000 \n" ); document.write( "--------------------- \n" ); document.write( "Use any method to solve for system to get:: \n" ); document.write( "s = 20000 \n" ); document.write( "f = 15000 \n" ); document.write( "t = 5000 \n" ); document.write( "-------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( " |