How much must be invested at every rate


The company wishes to invest $180,000 in 3 accounts, one bearing 4.5%, another 6%, and another 8% interest. Twice as much will be invested at 4.5% as at 8%, and total interest earned first year needs to be $10,400. How much must be invested at every rate?

Request for Solution File

Ask an Expert for Answer!!
Mathematics: How much must be invested at every rate
Reference No:- TGS0860941

Expected delivery within 24 Hours