An investment of $62,000 was m

FratBro23
Category:
Mathematics
Price: $10 USD

Question description

An investment of $62,000 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 $4740. The interest from the first investment was 3 times the interest from the seconf. Find the amounts of the three parts of the investment.

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(Top Tutor) Daniel C.
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