Question 147364
Hi, I dont know what Im doing wrong I need help please. Here is the question: One year ago you invested $4300 into three accounts that earn 3.25%, 4%, and 5.75% annual interest. The interest you earned after one year is $193. You remembered you invested three times as much in the 4% account than you did the 3.25% account. How much did you invest in each type of account? This is what i have so far, I dont think its right.
x + y + Z = 4300
0.0325x + 0.0400Y + 0.0575z = 193
Y=3x
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x + y + z = 4300
325x + 400y + 575z = 1930000
3x - y + 0 = 0
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Solve the system of equations by any method to get:
x = 700
y = 2100
z = 1500
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Cheers,
Stan H.