A Stockbroker Has Money in Three Accounts

question 112

Short Answer

A stockbroker has money in three accounts. The interest rates on the three accounts are 6%, 8%, and 10%. If she has twice as much money invested at 8% as she has invested at 6%, three times as much at 10% as she has at 6%, and the total interest for the year is $260, how much is invested at each rate? ( Hint : Let = the amount invested at 6%.) $ __________ invested at 6% $ __________ invested at 8% $ __________ invested at 10%

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