document.write( "Question 1163763: Equal amounts are invested at 5%, 7%, and 8% annual interest. If the three investments yield a total of $740 annual interest, find the total investment. \n" ); document.write( "
Algebra.Com's Answer #787962 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Equal amounts are invested at 5%, 7%, and 8% annual interest. \n" ); document.write( " If the three investments yield a total of $740 annual interest, find the total investment. \n" ); document.write( "let a the the amt of each \n" ); document.write( ".05a + .07a + .08a = 740 \n" ); document.write( ".2a = 740 \n" ); document.write( "a = 740/.2 \n" ); document.write( "a = $3700 \n" ); document.write( ": \n" ); document.write( "3(3700) = $11100 is the total investment \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "Check: \n" ); document.write( ".05(3700) = 185 \n" ); document.write( ".07(3700) = 259 \n" ); document.write( ".06(3700( = 296 \n" ); document.write( "------------------ \n" ); document.write( "totals to: 740 \n" ); document.write( " |