Investment Mixture A sum of $20,000 is invested in three mutual funds. In one year the first fund grew by 5%, the second by 7%, and the third by 10%. Total earnings for the year were $1650. The amount invested in the third fund was four times the amount invested in the first fund. Find the amount invested in each fund.

Q: John invests a total of $20,000, part at 10% and part at 12%. His total for one year is $2160. How…

A: Let the amount John invests at 10% = xLet the amount John invests at 12%=yFormulating equations:

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A:

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A: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

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A: Follow below steps to obtain the answer: -As we know that formula for calculating simple interest is…

Q: How many of each denomination does he have?

A: