SOLUTION: equal amounts are invested in each of 3 accounts paying 8%,9% and 13.5% annually. If one years combined interest income is $1,433.50, how much was invested in each account

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: equal amounts are invested in each of 3 accounts paying 8%,9% and 13.5% annually. If one years combined interest income is $1,433.50, how much was invested in each account      Log On

    0.08x + 0.09x + 0.135x = 1433.50


    x =  = 4700.



ANSWER.  Each principal was $4700.00.