Question 587882: An inheritance of $25,000 is divided among three investments yielding a total of $1,275 in interest per year. The interest rates for three investments are 4.5%, 5%, and 8%. The amounts invested at 5% and 8% are 4000 and 10000 less than the amount invested at 4.5 respectively. Find the amount invested in each rate.
Found 2 solutions by mananth, lwsshak3:
Answer by mananth(16946)   (Show Source):
You can put this solution on YOUR website! An inheritance of $25,000 is divided among three investments yielding a total of $1,275 in interest per year.
4.5%, Amount- x
5%, Amount - x-4000
8%. Amount x-10,000
x+ x-4000+x-10000=25000
3x-14,000=25000
3x=25000+14000
3x=39000
x=13000
4.5%, Amount- $13,000
5%, Amount - x-4000=> 13,000-4000=9,000
8%. Amount x-10,000=>13,000-10,000= 3000
Check
13,000@4.5% +9000 @5%+3000@8% =$1275
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Answer by lwsshak3(11628)  (Show Source):
You can put this solution on YOUR website! An inheritance of $25,000 is divided among three investments yielding a total of $1,275 in interest per year. The interest rates for three investments are 4.5%, 5%, and 8%. The amounts invested at 5% and 8% are 4000 and 10000 less than the amount invested at 4.5 respectively. Find the amount invested in each rate.
**
let x=amt invested at 4.5%
x-4000=amt invested at 5%
x-10000=amt invested at 8%
..
x+x-4000+x-10000=25000
3x=25000+14000=39000
x=39000/3=13000
x-4000=9000
x-10000=3000
ans:
amt invested at 4.5%=$13000
amt invested at 5%=$9000
amt invested at 8%=$3000
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