document.write( "Question 1153985: An investment of ​$70 comma 000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned​ 8% interest, the second​ 6%, and the third​ 9%. Total interest from the investments was $ 5220. The interest from the first investment was 2 times the interest from the second. Find the amounts of the three parts of the investment.\r
\n" ); document.write( "\n" ); document.write( "The first part of the investment was ​$\r
\n" ); document.write( "\n" ); document.write( "2nd part $\r
\n" ); document.write( "\n" ); document.write( "Third part $
\n" ); document.write( "

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\n" ); document.write( "An investment of ​$70 comma 000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned​ 8% interest, the second​ 6%, and the third​ 9%. Total interest from the investments was $ 5220. The interest from the first investment was 2 times the interest from the second. Find the amounts of the three parts of the investment.\r
\n" ); document.write( "\n" ); document.write( "The first part of the investment was ​$\r
\n" ); document.write( "\n" ); document.write( "2nd part $\r
\n" ); document.write( "\n" ); document.write( "Third part $
\n" ); document.write( "
Let amount invested at 8% and 6% be E, and S, respectively
\n" ); document.write( "Then amount invested at 9% = 70,000 - E - S
\n" ); document.write( "We then have: .08E + .06S + .09(70,000 - E - S) = 5,220
\n" ); document.write( ".08E + .06S + 6,300 - .09E - .09S = 5,220
\n" ); document.write( "- .01E - .03S = - 1,080 ------ eq (i)\r
\n" ); document.write( "\n" ); document.write( "Also,
\n" ); document.write( "- .01(1.5S) - .03S = - 1,080 ------- Substituting 1.5S for E in eq (i)
\n" ); document.write( "- .015S - .03S = - 1,080
\n" ); document.write( "- .045S = - 1,080
\n" ); document.write( "S, or amount invested at 6% =
\n" ); document.write( "Now you can find the amounts invested at 6% and 9%. \n" ); document.write( "
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