Write the word or phrase that best completes each statement or answers the question.
-Melody has $45,000 to invest and wishes to receive an annual income of $4290 from this money. She haschosen investments that pay 5%, 8%, and 12% simple interest. Melody wants to have the amount investedat 12% to be double the amount invested at 8%. How much should she invest at each rate?

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The Answer of Write the word or phrase that best completes each statement or answers the question.
-Melody has $45,000 to invest and wishes to receive an annual income of $4290 from this money. She haschosen investments that pay 5%, 8%, and 12% simple interest. Melody wants to have the amount investedat 12% to be double the amount invested at 8%. How much should she invest at each rate?

Write the Word or Phrase That Best Completes Each Statement