6.3.19-BE E Question Help An investment of $65,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was $4770. The interest from the first investment was 2 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
6.3.19-BE
E Question Help
An investment of $65,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8%
interest, the second 6%, and the third 9%. Total interest from the investments was $4770. The interest from the first investment was 2 times the interest from the
second. Find the amounts of the three parts of the investment.
The first part of the investment was $
Enter your answer in the answer box and then click Check Answer.
parts
remaining
Clear All
Check Answer
Transcribed Image Text:6.3.19-BE E Question Help An investment of $65,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was $4770. The interest from the first investment was 2 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 5 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,