How much did she invest at each rate?

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Category:
Mathematics
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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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(Top Tutor) Daniel C.
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