Systems of Linear Equations: Three Variables · Exercise 67
An entrepreneur sells a portion of their business for one hundred thousand dollars and invests it all in three accounts for one year. The first account pays 4% compounded annually, the second account pays 3% compounded annually, and the third account pays 2% compounded annually. After one year, the entrepreneur earns $3,650 in interest. If they invested five times the money in the account that pays 4% compared to 3%, how much did they invest in each account?
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OpenStax, Algebra and Trigonometry 2e · §11.2 Systems of Linear Equations: Three Variables · Exercise 67
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