Susan invested a total of $14,500 in three different accounts. The first account pays 3% interest, the
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The first account pays 3% interest, the second account pays 6% interest and the third account pays 7% interest, all compounded yearly.
Susan invested $4,000 more in account three than the second account.
The total interest earned in the first year was $700.
How much did she invest in the three individual accounts?
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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