Assignment:
A comprehensive investment plan is made for a person with a total investment of $26,300. The money is broken into three investments. Part of the money is invested into a retirement account 5.1% interest per year, part is invested in a saving account earning 2.8% interest per year, and part is invested into a certificate of deposit earning 3.0% interest per year. The goal is to earn $1133.60 in interest at the end of one year. One last piece of information is that the broker recommends that you invest twice as much into savings as you do into the certificate of deposit. How much money went into each account?
Provide complete and step by step solution for the question and show calculations and use formulas.