Question

An investment of $93,000 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 $7170. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment. The first part of the investment was $

          An investment of $93,000 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 $7170. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.
The first part of the investment was $

An investment of 93,000 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 $7170. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.
The first part of the investment was

Added by Melissa V.

University Physics with Modern Physics

Hugh D. Young 14th Edition

Instant Answer

Solved by Expert Madhur L

06/27/2022

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Step 1: Let's denote the three parts of the investment as x, y, and z. Show more…

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The first part of the investment was $ IK third 9%.Total interest from the investments was $7170.The interest from the first investment was 6 times the interest from the second.Find the amounts of the three parts of the investment. The first part of the investment was $[