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An investment of $92,000 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 $7200. The interest from the first investment was 4 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ The second part of the investment was $ The third part of the investment was $

An investment of $92,000 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 $7200. The interest from the first investment was 4 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ The second part of the investment was $ The third part of the investment was $

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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An investment of $92,000 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 $7200. The interest from the first investment was 4 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ The second part of the investment was $ The third part of the investment was $
Transcribed Image Text:An investment of $92,000 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 $7200. The interest from the first investment was 4 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $ The second part of the investment was $ The third part of the investment was $
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