A Trust Account Manager Has $300,000 to Be Invested in Three

question 55

Multiple Choice

A trust account manager has $300,000 to be invested in three different accounts. The accounts pay 5%, 6%, and 8%, and the goal is to earn $18,000. Assuming that x dollars are invested at 5%, y dollars are invested at 6%, and
Z dollars are invested at 8%, find x in terms of z.

• A) \(x = 2 z\)
• B) \(x = z\)
• C) \(x = 100,000 + z\)
• D) \(x = 300,000 - 3 z\)