Solve the problem. A sum of $5000 is invested in three accounts that pay 2%, 3%, and

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Solve the problem.

A sum of $5000 is invested in three accounts that pay 2%, 3%, and 4% interest rates. The amount of money invested in the account paying 4% equals the total amount of money invested in the other two accounts, and the total annual interest from all three investments is $165. Find the amount invested at each rate.

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College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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