An accountant has money in three accounts that pay 6%, 10%, and 12% in annual interest. He has twice as much invested at 6% as he does at 10% and three times as much invested at 12% as he does at 10%. If the total interest from the three accounts if $232 for the year, how much is invested at each rate? ( Hint : Let = the amount invested at 10%.) $ __________ invested at 6% $ __________ invested at 10% $ __________ invested at 12%

Question

An accountant has money in three accounts that pay 6%, 10%, and 12% in annual interest. He has twice as much invested at 6% as he does at 10% and three times as much invested at 12% as he does at 10%. If the total interest from the three accounts if $232 for the year, how much is invested at each rate? ( Hint : Let  = the amount invested at 10%.) $ __________ invested at 6% $ __________ invested at 10% $ __________ invested at 12%

Quizplus · Accepted Answer

The Answer of An accountant has money in three accounts that pay 6%, 10%, and 12% in annual interest. He has twice as much invested at 6% as he does at 10% and three times as much invested at 12% as he does at 10%. If the total interest from the three accounts if $232 for the year, how much is invested at each rate? ( Hint : Let  = the amount invested at 10%.) $ __________ invested at 6% $ __________ invested at 10% $ __________ invested at 12%

An Accountant Has Money in Three Accounts That Pay 6