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7. Part of $500,000 is invested at 6%, another part is invested at 8%, and a third part is invested at 11%. The total ye
Posted: Tue May 10, 2022 6:24 am
by answerhappygod
- 7 Part Of 500 000 Is Invested At 6 Another Part Is Invested At 8 And A Third Part Is Invested At 11 The Total Ye 1 (16.64 KiB) Viewed 25 times
7. Part of $500,000 is invested at 6%, another part is invested at 8%, and a third part is invested at 11%. The total yearly income from these three investments is expected to be $38,500. Furthermore, the amount invested at 6% is to be $5,000 more than the total amount invested in the other two accounts. How much money is invested in each of the three investment accounts?