# How much did she invest at each rate?

Anonymous
timer Asked: Oct 21st, 2015

Question description

Monica decides to divide a total of \$24,000 into three investments: a savings account paying 5% interest, a time deposit paying 7%, and a bond paying 9%. Her total annual interest from the three investments was \$2600, and the interest from the savings account was \$200 less than the total interest from the other two investments. How much did she invest at each rate?

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