Find the amount taylor invested in each type of investment


Taylor inherited $25,000 and invested part of it in a money market account, part in municipal bonds, and part in a mutual fund. After one year, she received a total of $1,750 in simple interest from the three investments. The money market paid 6% annually, the bonds paid 8% annually, and the mutual fund paid 9% annually. There was $5,000 more invested in the bonds than the mutual funds. Using the three methods below, find the amount Taylor invested in each type of investment.

Elimination-Substitution
Gauss-Jordan
Matrix

 

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Mathematics: Find the amount taylor invested in each type of investment
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